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Suppose the total market value of all final goods and services produced in economy X this year is $4 million. Of the $4 million worth of goods and services, $3 million is sold and $1 million is held in inventory. For this year, the GDP for economy X is

Respuesta :

Answer:

$4 million

Explanation:

Gross domestic product of a particular nation is the total value of goods and services produced in an economy during a period of time.

Therefore, it doesn't matter when those goods and services are sold or it will remain in the ending inventory.

Hence, the total value of goods and services produced is $4 million.

Answer:

400 millon

the total amount of goods and services that a nation produces within a year

Explanation:

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