Question

what is GDP.and write it's characteristics?​

Answer 1

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4 Characteristics of GDP. Gross Domestic Product (GDP) is characterised by 4 components: Consumption; Investment; Government Spending; and Net Exports. These all serve to create GDP as a measurement.

Answer 2

Answer:

GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year.

Characteristics of GDP:-

GDP is characterised by 4 components: Consumption; Investment; Government Spending; and Net Exports. These all serve to create GDP as a measurement.

Explanation:

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