What is Gross Domestic Product?
(2 Points)
A) It is the value of all final goods and services produced within a country.
B) It is the value of all intermediate goods and services produced within a country.
C) It is the value of all intermediate and final goods and services produced within a country.
Answers
Answered by
1
Answer:
Option A
Explanation:
Gross Domestic Product is the value of all final goods and services produced within a country.
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Answered by
2
Answer:
option (a)
Explanation:
Gross Domestic Product meaning: Gross Domestic Product, abbreviated as GDP, is the total value of goods and services produced in a country. GDP in economics: GDP is measured over specific time frames, such as a quarter or a year. GDP as an economic indicator is used worldwide to show the economic health of a country.
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