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20 June, 10:55

Ceteris paribus GDP most closely measures: a) The rate of change in capital stock. b) Output per worker. c) The total value of all final goods and services produced within a nation's borders in a given year. d) A summary of the world's output.

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  1. 20 June, 14:20
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    answer C

    Explanation:

    Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP can be calculated in three ways, using expenditures, production, or incomes.
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