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Gross domestic product (gdp) is the total market value of all intermediate and final goods and services produced by an economy in a one-year period, measured at market prices. a. True b. False
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Gross domestic product (gdp) is the total market value of all intermediate and final goods and services produced by an economy in a one-year period, measured at market prices.

a. True
b. False

User Amanite Laurine
by
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1 Answer

6 votes
a. true
the gross domestic product acts as a quantitative measure of an economy's economic activity on an annual basis

User Tobias Bergkvist
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7.3k points
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