What is GDP very short answer
Answers
Answered by
1
Answer:
The Gross Domestic Product measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time. ... GDP is a number that expresses the worth of the output of a country in local currency.
Explanation:
hope it helps u
:)
Answered by
1
Answer:
1.Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period.
2.GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate.
Explanation:
Similar questions