What is gross domestic product (GDP)?

A) the market value of goods and services produced by a country
B) the effort to work through problems by talking rather than using weapons
C) the attempt to amass as many weapons as possible so that your country has more weapons than your enemies
D) the idea that there are other ways money could be spent than the way it is currently being spent

1 answer

A) the market value of goods and services produced by a country

Gross Domestic Product (GDP) is a measure of the economic performance of a country, calculated as the market value of all final goods and services produced within a country's borders in a specific time period.