Question: What does GDP estimate? Question 21 options: It estimates the total value of all materials, goods, and services produced by a country in a particular
What does GDP estimate? Question 21 options: It estimates the total value of all materials, goods, and services produced by a country in a particular year. It estimates the total value of income that flows to a country from production worldwide. GDP and Gross National Income are the same and they estimate only the total value of income that flows to a country from production worldwide. It estimates the total value of income generated by a country in a specific year
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