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The dollar value of all final goods, services, and structures produced in a country in a year is known as A.Gross Domestic Product. B.Gross National Product. C.franchise. D.profit motive

User Tharaka
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Final answer:

The dollar value of all final goods, services, and structures produced in a country in a year is known as Gross Domestic Product (GDP). Therefore, the correct option is A.

Step-by-step explanation:

GDP is a key indicator of a country's economic performance and is used to assess the overall health and size of its economy. It includes the value of goods and services produced within a country's borders, regardless of the ownership of the production factors.

Gross National Product (GNP) (option B) includes the value of goods and services produced by a country's residents, both domestically and abroad. Franchise (option C) and profit motive (option D) are not directly related to the measurement of a country's economic output.

Therefore, the correct option is A.

User Smyrgl
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