This refers to the market value of all final goods & services produced within the country.___Select one:a. GDPb. Neither GDP nor GNPc. Both GDP and GNPd. GNP

1. Break Down the Problem

The question is asking for the definition of the market value of all final goods and services produced within a country. This specifically relates to economic indicators.

2. Relevant Concepts

• Gross Domestic Product (GDP): This measures the total market value of all final goods and services produced within a country in a specific period.
• Gross National Product (GNP): This measures the total market value of all final goods and services produced by the residents of a country, regardless of where the production takes place.

3. Analysis and Detail

• The problem specifically states "within the country," which aligns with the definition of GDP.
• GNP takes into account the production by residents outside of the country, which is not what the question is focused on.

4. Verify and Summarize

Since the question specifies "produced within the country," the correct economic term is GDP.

Final Answer

The correct answer is a. GDP.