Which of the Following Best Describes the Term Gross National

question 147

Multiple Choice

Which of the following best describes the term gross national product?

• A) Total quantity of goods and services produced by an economic system
• B) Total value of all goods and services produced by a national economy within a given period regardless of where the factors of production are located
• C) Total value of all goods and services produced within a given period by a national economy through domestic factors of production
• D) Total quantity and quality of goods and services that a country's citizens can purchase with the currency used in their economic system
• E) Conditions of the economic system in which an organization operates

---

Definitions:

Structure

The arrangement or organization of parts to form an object, system, or concept.

Year

A period of time consisting of 365 days, or 366 in a leap year, used for measuring the passage of time.

Human Genome

The complete set of nucleic acid sequences for humans, encoded as DNA within the 23 chromosome pairs in cell nuclei and in a small DNA molecule found within individual mitochondria.

Mapping

The process of creating visual representations of physical areas of land, including natural and man-made features.