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gross national product

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Q: A car that was produced in Germany and sold in America would be part of which gross product?
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The total value of all the goods and services produced by a country in a year is its?

gross nation prod


What is the term term for the total value of all goods and services produced in a particular economy?

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What is the total value of all goods and services produced in a year called?

Gross product. If counting one produced inside a country then Gross Domestic Product GDP.


What is gnp?

gross national product Gross National Product is the Value of All the Goods and Services Produced in a Country within a single year.


What is the total dollar value of all final goods and services produced in America during one year called?

Gross Domestic Product (GDP)


Which product includes goods and services produced by and purchased from foreign firms?

Gross National Product


What is the gross national product of Germany?

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What includes the services produced by purchases from foreign firms?

gross national product


What is all of the output produced by a firm?

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What is the total value of all goods and services produced in and out of a country in a year called?

Gross Domestic Product (GDP)


What is the best measure of Ghana's economic activities on Gross domestic product or Gross national product Explain?

Gross domestic product measure the total output produced from within the countries boarders. Gross national product measures the output generated by a countries enterprises. The best way to measure Ghana's economic activities would be to use gross domestic product.


What is GDP used for?

(gross domestic product) amount of goods produced per year