question 7 points 1 gross domestic product is a measure of final goods and services produced in a year final…

question 7 points 1 gross domestic product is a measure of final goods and services produced in a year final goods and services produced in a year final goods and services produced in a year deducting for depreciation all goods and services produced in a year deducting for depreciation all goods and services produced in a year

question 7 points 1 gross domestic product is a measure of final goods and services produced in a year final goods and services produced in a year final goods and services produced in a year deducting for depreciation all goods and services produced in a year deducting for depreciation all goods and services produced in a year

Answer

Answer:

The definition of Gross Domestic Product (GDP) is the market value of all final goods and services produced within a country in a given period (usually a year). So the correct option is: final goods and services produced in a year.

Brief Explanations:

GDP measures final output to avoid double - counting. It includes only goods and services produced within the domestic territory in a year and does not account for depreciation (that's for Gross vs Net distinction).