Question

ᴡʜᴀᴛ ɪs ɢᴅᴘ???


ᴘʀᴏᴘᴇʀ ᴀɴsᴡᴇʀ ɴᴇᴇᴅᴇᴅ☆​

Answer 1

Answer:

Gross domestic product is a monetary measure of the market value of all the final goods and services produced in a specific time period.

Answer 2

Answer:

✔

GDP is important because it gives information about the size of the economy and how an economy is performing. The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well