gross domestic product (gdp) is the value of goods and services produced in a country annually. it can best…
gross domestic product (gdp) is the value of goods and services produced in a country annually. it can best be described as measuring an economys\ntotal product.\ntotal demand.\ntotal input.\ntotal output.
Answer
Brief Explanations:
GDP measures the market value of all final goods and services produced within a country in a given period. It represents the total output of an economy. Total product is a more general - term in production theory, total demand is about what consumers want to buy, and total input is about resources used in production.
Answer:
total output.