Multiple choice

Gross Domestic Product (GDP) is defined as the value of all final _____ produced in a year.

  1. goods

  2. services

  3. goods and services

  4. agricultural products

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Gross Domestic Product (GDP) measures the total market value of all final goods AND services produced within a country's borders in a given year. It includes both tangible products and intangible services.