Multiple Choice
Suppose the total value of all assets in the Country X is $10 trillion. In 2018, the total value of all final services produced in Country X was $150 billion, the total value of all final goods produced in Country X was $350 billion, and the total value of all final goods and services produced by Country X's firms in other countries was $100 billion. In this situation, Country X's Gross Domestic Product for 2018 was
A) $600 billion.
B) $510 billion.
C) $500 billion.
D) $10.5 trillion.
Correct Answer:
Verified
Correct Answer:
Verified
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