3. Study Questions and Problems #3 An economy produces final goods and services with a market value of $7,000 billion in a given year, but only $5,900 billion worth of goods and services are sold to domestic or foreign buyers. The value of GDP is this economy in the given year is ____ billion because:
a. The unsold products will be counted in the next year's GDP
b. The unsold products are added to firms inventories
c. The unsold products are produced outside of the country
d. $1,100 billion is paid to foreigners