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Which of the following factors are considered when calculating gdp? i. goods produced within a country by citizens of that country ii. goods produced within a country by residents who are not citizens iii. goods produced within a country for use in production of other goods iv. goods produced by a country’s citizens outside of its borders a. ii and iii b. i only c. i and ii d. i, ii, iii, and iv

Respuesta :

Gross domestic product (GDP) is the total amount or market worth of all finished products and services produced within the borders of a country in a given time period.

How is GDP calculated?

GDP is often estimated on an annual basis, but it is also measured quarterly. The government of the United States, for example, produces an annualized GDP assessment for each fiscal quarter as well as for the entire calendar year.

The various data sets included in this study are presented in real terms, which means that the data has been adjusted for price changes and is thus net of inflation.

Thus, Option D is correct about the factors of GDP.

For more information about GDP refer to the link:

https://brainly.com/question/4131508

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