In economic terms, the total market value of all final goods and services produced in a country in a given year is known as ___
A
GNI
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B
GDP
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C
Inflation
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D
PPP
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E
Wealth of a nation
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Solution
The correct option is B GDP In economic terms, the total market value of all final goods and services produced in a country in a given year is known as Gross Domestic Product (GDP).