Question

What is a GDP? What is the use of GDP?

Answer 1

Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time of a country .

GDP  is one of the primary indicators used to measure  the health of a country's economy.

You can think of it as the size of the economy.

Answer 2

$\Huge\mathfrak\blue{Answer}$

GDP stands for "Gross Domestic Product" and represents the total monetary value of all final goods and services produced (and sold on the market) within a country during a period of time (typically 1 year). Purpose. GDP is the most commonly used measure of economic activity.