Practicing Success
_________ is the final value of the goods and services produced within the geographical boundaries of a country during a year. |
Gross Domestic Product (GDP) Net Domestic Product (NDP) Gross National Product (GNP) The Net National Product (NNP) |
Gross Domestic Product (GDP) |
The correct answer is Option (1) - Gross Domestic Product (GDP) GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP growth rate is an important indicator of the economic performance of a country. |