GDP is defined as the Question 27 options: value of all goods and services produced within a country in a given period of time. value of all goods and services produced by the citizens of a country, regardless of where they are living, in a given period of time. value of all final goods and services produced within a country in a given period of time. value of all final goods and services produced by the citizens of a country, regardless of where they are living, in a given period of time.

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tutorconsortium201 tutorconsortium201 · Answer 1 · 2022-07-19T18:08:15+02:00

GDP is defined as the value of final goods and services produced within a country in a given period.

Gross domestic product (GDP) is the dollar amount for all finished products and services produced inside a nation's boundaries in a given year.
It is the sum of all final commodities and services produced in a certain economy.
The total private and public consumption, government expenditures, investments, increases in private inventories, paid-in building expenses, and the foreign balance of trade are all included in the computation of a nation's GDP.

What is GDP and GNP ?

The value of the final domestic goods and services generated inside a country's boundaries is known as the gross domestic product (GDP).
The value of all finished goods and services owned by a nation's citizens, regardless of whether those goods were made in that nation, is what is known as its gross national product (GNP).

Learn more about gross domestic product (GDP). brainly.com/question/14810510

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