Which of the following statements about U. S. gross domestic product (GDP) is correct?

Question

A. GDP measures the market value of all final goods and services produced within the U.S. during a given period.

B. GDP measures the value of all market and non-market good and services produced within the U.S. during a given period.

C. GDP measures physical quantity of goods produced in the United States. Because there is no common unit for measuring services, they are excluded from GDP.

D. GDP measures the market value of all goods and services produced within the U.S. during a given period.

E. GDP measures the market value of goods and services produced by American companies during a given period.

Answer 1

a