Question

What is gross domestic product?
A.
The total dollar value of a country’s goods divided by the country’s population.
B.
The level of comfort the average person in a country can reasonably afford.
C.
The measure of a country’s economic health, social conditions, and standard of living.
D.
The total dollar value of all the final goods and services produced within a country’s borders in a given year.

Answer 1

QUESTION

What is gross domestic product?

ANSWER

D) The total dollar value of all the final goods and services produced within a country’s borders in a given year.