GDP is the: dollar amount of all sales made in the economy in one year. total market value of all final goods and services produced in an economy in one year. total accumulated wealth of an economy. volume of all dollar transactions made in an economy in one year.

total market value of all final goods and services produced in an economy in one year.

Explanation:

Gross Domestic Product (GDP) is simply the total market value of the FINAL goods and services produced in a country in a period, usually a year.

The term FINAL here is very important because if intermediate goods were counted then it would be OVERSTATED.

For example, if Toyota makes cars from the iron it buys from Parrain Mining, the figure that will be used to calculate GDP will be the Car itself and not the amount the Iron from Parrain cost.

years agooo ahaha. but honestly they need to update ! : )

answer; schedule c;