What is the monetary measure of market values of all goods and services produced in a country? - Search
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  2. Gross domestic product (GDP)
    • According to 2 sources
    Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period.
    When we take a sum of the monetary value of all the final goods and services produced within the geographic boundaries of a country in a specific period, it is called Gross domestic product (GDP). GDP is used throughout the world as a measure of output and economic activity.
     
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  5. Gross Domestic Product: An Economy’s All - IMF

    WEBGDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output …

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  14. 19.1: Measuring Output Using GDP - Social Sci …

    WEBJul 17, 2023 · Gross domestic product (GDP) is the market value of all final goods and services produced within the national borders of a country for a given period of time. GDP can be determined in multiple ways. The …

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