Question : Which of the following represents the value of all goods and services produced by the citizens of a country, whether within the country or abroad?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net Domestic Product (NDP)

Option 4: Net National Product (NNP)

Question : Which of the following represents the income earned by residents of a country, whether within the country or abroad?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net Domestic Product (NDP)

Option 4: Net National Product (NNP)

Question : ______ is the market value of all final goods and services produced within a domestic territory of a country measured in a year.

Option 1: Gross margin

Option 2: Gross Domestic Product (GDP)

Option 3: Net National Product (NNP)

Option 4: Gross National Product (GNP)

Question : ______ is the monetary value of all final goods and services produced within a country in a specific time period.

Option 1: National income

Option 2: Gross Domestic Product (GDP)

Option 3: Gross National Product (GNP)

Option 4: Net Domestic Product (NDP)

Question : Which of the following is a measure of national income that takes into account the value of goods and services produced by a country's residents both domestically and abroad?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net Domestic Product (NDP)

Option 4: Net National Product (NNP)