What is the best definition of gross domestic product, or GDP?
(1 point)
Responses
money paid to the government in taxes to support public goods and services
money paid to the government in taxes to support public goods and services
the value of all goods and services produced within domestic borders
the value of all goods and services produced within domestic borders
the value of exports minus the total value of imports
the value of exports minus the total value of imports
a period of decline in overall income and employment
1 answer
The best definition of gross domestic product, or GDP, is the value of all goods and services produced within domestic borders.
1 answer