GDP measures

A) the market value of intermediate products produced during the year.
B) the sum of the market value of both final and intermediate products produced during the year.
C) the sum of the market value of final products produced and imported during the year.
D) the market value of final products produced in the nation during the year.

Intermediate Products

Goods used as inputs in the production of other goods, including raw materials, components, and subassemblies.

Market Value

is the amount for which something can be sold in a given market at a particular time.

Final Products

Goods and services that have completed the production process and are intended for final consumption or investment.