what is the total value of all ______ goods and services produced ______ a countrys borders in a given time…

what is the total value of all ______ goods and services produced ______ a countrys borders in a given time period\nintermediate, outside\nfinal, within\ngrass, on\ngdp measured by the expenditure model *\nconsumer spending + investment + government spending + net exports\nconsumer spending + interest + government + net exports\nconsumer spending + business spending + government spending + net exports

what is the total value of all ______ goods and services produced ______ a countrys borders in a given time period\nintermediate, outside\nfinal, within\ngrass, on\ngdp measured by the expenditure model *\nconsumer spending + investment + government spending + net exports\nconsumer spending + interest + government + net exports\nconsumer spending + business spending + government spending + net exports

Answer

Brief Explanations:

  1. GDP (Gross - Domestic Product) is the total value of all final goods and services produced within a country's borders in a given time - period. Intermediate goods are not counted to avoid double - counting.
  2. The expenditure model for calculating GDP is given by the formula: GDP = consumer spending + investment + government spending+ net exports. Investment refers to business investment in capital goods, not interest. And business spending is not the correct term as it is included in investment.

Answer:

  1. B. final, within
  2. consumer spending + investment + government spending + net exports