The goods and services that count toward GDP are defined in terms of:
A) the location of production, not the citizenship of the producer.
B) the citizenship of the producer, not the location of production.
C) citizens producing within a country's borders.
D) the total production of companies owned by citizens, regardless of the actual location of production.

Question

Quizplus · Accepted Answer

GDP measures the total value of goods and services produced within a country's borders, regardless of the nationality of the producer, focusing on the location of production rather than the citizenship of the producer.

The Goods and Services That Count Toward GDP Are Defined