Question

The final dollar value of all the goods and services produced within a country's borders in a given year is the _________. A. national inflation rate B. gross domestic product C. nation's unemployment rate D. market basket of consumer goods

Answer 1

B

Step-by-step explanation:

Answer 2

B. gross domestic product

Step-by-step explanation:

Gross domestic product: The term "Gross Domestic Product" is also denoted as GDP, and is described as one of the broadest "quantitative measures" associated with a specific nation's entire "economic activity". Significantly, GDP ought to represent the "monetary value" associated with all the services and goods that are being produced within a particular nation's geographic borders through a specified period in time.

Types:

1. Gross National Product or GNP.

2. Nominal Gross Domestic Product, etc.

In the question above, the given statement represents the gross domestic product.