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How is GSDP primarily measured?

ABy adding up all government spending in a state.

BBy calculating the net income of all citizens in a state.

CBy totaling the value of all final goods and services produced within a state's borders in a specific period.

DBy measuring the total exports from a state.

Answer:

C. By totaling the value of all final goods and services produced within a state's borders in a specific period.

Read Explanation:

  • This is the standard definition of GSDP and GDP, which measures the monetary value of everything produced within a defined geographical area.


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