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

True

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False

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Solution

The correct option is A
True

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

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Similar questions

The total money value of all final goods and services produced in a country in a year is known as:

If a country’s nominal GDP increases, it means the country is producing more goods and services. State true or false.

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