The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:

The value of the output of all goods and services produced within a na

1.	The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
A.	Gross National Product
B.	Gross Home Products
C.	Gross Domestic Product
D.	General Domestic Production
Answer» D. General Domestic Production