Total value added in a nation over the period of 1 year is equal to

A) the national debt.
B) the federal budget.
C) the budget deficit.
D) GDP.
E) the balance of trade.

Question

Total value added in a nation over the period of 1 year is equal toA) the national debt.B) the federal budget.C) the budget deficit.D) GDP.E) the balance of trade.

Zhanelya Abylkassymova · Accepted Answer

Final Answer : D, Explanation :  GDP (Gross Domestic Product) measures the total value added in a nation over a period of time, usually a year. It includes all final goods and services produced within a country's borders and is a key indicator of a nation's economic performance. The other options (national debt, federal budget, budget deficit, and balance of trade) are all related to government finances and international trade, but do not directly measure the value added in a nation's economy.

Total value added in a nation over the period of 1 year is equal to

A) the national debt.
B) the federal budget.
C) the budget deficit.
D) GDP.
E) the balance of trade.

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