D. how many goods and services it produces in a year
GDP is a measure of the total value of all goods and services produced in a country in a given period of time. Therefore, it indicates the economic output of a country and can give insight into its overall economic strength and productivity.
What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?
A. how long its people can expect to live on average
B. how much purchasing power the average citizen has
C. how high a quality of life its people enjoy
D. how many goods and services it produces in a year
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