Which term is used in economics for the market value of all goods and services in one year by labour...........

Which term is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country?

GDP

GPN

OMP

GNP

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Explanation:

Correct option 1: GDP

Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region.