The total output of goods and services produced by a national economy in a given period, usually a year, valued at market prices. It is gross, since no allowance is made, for the value of replacement capital goods.
measure of the US economy adopted in 1991; the total market values of goods and services by produced by workers and capital within the US borders during a given period (usually 1 yr)
measure of the United States economy adopted in 1991; the total market values of goods and services by produced by workers and capital within the United States borders during a given period (usually 1 year)
the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)
