Question
Gross domestic product (GDP) is the value of goods and services produced in a country annually.
It can best be described as measuring an economy’s
total product.
total demand.
total input.
total output.
It can best be described as measuring an economy’s
total product.
total demand.
total input.
total output.
Answers
GPT-4o mini
Gross domestic product (GDP) is best described as measuring an economy’s **total output**. It reflects the total value of all goods and services produced over a specific time period within a country.