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31 January, 08:18

Choose the multiple choice answers which, when strung together, create an accurate definition of gdp. the u. s. nominal gross domestic product is:

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  1. 31 January, 11:40
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    The answer is:

    -all final goods and services ...

    -legally produced

    -within the territorial boundaries of the United States ...

    -within a given time period

    - and valued at the prices at which the goods or services sold

    The Gross Domestic Product of country counted all goods and services that produced by a country within one year. In order to count this, we need to add total market value of consumption, investments, government spending, and net export. This definition covers all the list above.
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