Final goods and services and are the elements which are a part of the GDP definition.

final services

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factor cost

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intermediate goods

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market price

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Solution

The correct options are
A final services
D market price
GDP is the total market value of all final goods and services produced within the given country in a given period of time. It takes into account the market prices for goods. Transfer payments are excluded from GDP.

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Similar questions

Q. With regard to difference between GDP Deflator and CPI, which of the following statements is/are correct?

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GDP is the total money value of all final goods and services produced in a country in a year.

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