Identify the definition of GDP from the following
A. It is the market value of all the Goods and Services produced in the country in 1 year
B. It records the market value of all the final Goods and Services produced in the country in 1 year
C. It is the market value of all the final Goods and Services produced in the country in 10 years
D. It is the market value of all the final Goods and Services produced in all the countries in 1 year
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Definition: GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. ... Output Method: This measures the monetary or market value of all the goods and services produced within the borders of the country.
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