What is the term for the value of a nation's entire stock of assets?
A) gross domestic product
B) gross national product
C) national wealth
D) real gross domestic product

Question

Quizplus · Accepted Answer

The term for the value of a nation's entire stock of assets is national wealth. Gross domestic product (GDP) is the total value of all goods and services produced within a country's borders in a given period. Gross national product (GNP) is the total value of all goods and services produced by the citizens of a country, regardless of their location, in a given period. Real GDP takes into account inflation, providing a more accurate measure of economic growth. However, none of these terms specifically refer to the value of a nation's entire stock of assets.

What Is the Term for the Value of a Nation's