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The dollar value of all final goods and services produced within a country's borders within a given year is known as

A. net exports
B. inflation rate
C. business cycle
D. gross domestic product

Please select the best answer from the choices provided:

A
B
C
D


Sagot :

Final answer:

Gross Domestic Product (GDP) calculation includes Net Exports component, reflecting the dollar value difference between a country's exports and imports.


Explanation:

Gross Domestic Product (GDP) is the market value of all final goods and services produced within a country in a given period of time. It is calculated as Consumption + Investment + Government Spending + Net Exports. Net Exports represent the dollar value of a country's exports minus imports.


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