Which of the Following BEST Gives the Meaning of the Term

question 56

Multiple Choice

Which of the following BEST gives the meaning of the term gross national product?

• A) total quantity of goods and services produced by an economic system
• B) total quantity of goods and services produced within a given period by a national economy, not including foreign production
• C) total value of all goods and services produced within a given period by a national economy through domestic factors of production
• D) total value of all goods and services produced within a given period regardless of where the factors of production are located
• E) total value of all goods and services that are exported