Question
A country's gross domestic product for a given time period is the total market value of _____.(1 point)
Responses
all finished goods and services produced within the country's borders
all finished goods and services produced within the country's borders
all goods and services produced by the country's residents
all goods and services produced by the country's residents
all goods and service produced within the country's borders
all goods and service produced within the country's borders
all finished goods and services produced by the country's residents
Responses
all finished goods and services produced within the country's borders
all finished goods and services produced within the country's borders
all goods and services produced by the country's residents
all goods and services produced by the country's residents
all goods and service produced within the country's borders
all goods and service produced within the country's borders
all finished goods and services produced by the country's residents
Answers
GPT-4o mini
The correct response is:
**all finished goods and services produced within the country's borders**
This definition captures the essence of Gross Domestic Product (GDP), which measures the total market value of all final goods and services produced in a country during a specific period, regardless of who produces them.
**all finished goods and services produced within the country's borders**
This definition captures the essence of Gross Domestic Product (GDP), which measures the total market value of all final goods and services produced in a country during a specific period, regardless of who produces them.