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In Economics / Senior High School | 2025-05-16

What is Gross Domestic Product (GDP)?
A. The total value of imports
B. A measurement of inflation
C. The total value of all goods and services produced in a country
D. The total number of factories in a country

Asked by jards8311

Answer (1)

The correct answer is letter C. GDP measures the total market value of all final goods and services produced in a country in a given time period. It’s a key indicator of a country’s economic health.

Answered by MaximoRykei | 2025-05-17