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6 August, 09:37

GDP is defined as:

a. the sum of all currency and coins in circulation

b. the value of all final goods and services produced by a government c. the value of all final good and services produced anywhere in the world by a nation's firms

d. the value of all final goods and services produced domestically

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  1. 6 August, 10:40
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    d. the value of all final goods and services produced domestically

    Explanation:

    The gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

    GDP = Consumption + Investment + Government Spending + Net Export
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