the total dollar amount of all final goods and services purchased within the nations borders in each year is known as the ____. A. economic indicator B. Gross domestic productC. consumer price indexD. business cycle

Answer:b. Gross domestic product.Step-by-step explanation:Gross domestic product is the monetary value of all final goods and services produced within the country in a specific period of time. It is a indicator of country´s economic health and growth rate. It is calculated using three method:a) Income.b) Production.c) Expenditure.GDP help the investor to make important financial decisions. Growth in GDP is a sign of higher earning and higher stock prices. GDP is generally compared to previous quarter or financial year. There are two ways of calculating GDP: a) Nominal GDP b) Real GDP.a) Nominal GDP- It consider only current market prices without considering inflation or deflation.b) Real GDP- It consider inflation rate or time value of money.