31. The U.S. gross domestic product is equal to the total market value of all: a
ID: 2559628 • Letter: 3
Question
31. The U.S. gross domestic product is equal to the total market value of all: a. final goods and services produced by resources in the United States. b. intermediate goods and services produced by citizens in the United States. c. final goods and services produced by U.S. citizens in the United States. d. intermediate goods and services produced by resources in the United States. 31. The U.S. gross domestic product is equal to the total market value of all: a. final goods and services produced by resources in the United States. b. intermediate goods and services produced by citizens in the United States. c. final goods and services produced by U.S. citizens in the United States. d. intermediate goods and services produced by resources in the United States.Explanation / Answer
The U.S. gross domestic product is equal to the total market value of all
Gross Domestic Product is the market value of all final goods and services produced within a country in a given period of time.
Hence the correct answer is - c. final goods and services produced by U.S. citizens in the United States.