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 economy’s\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. It is not total product (a more general term), not total demand (which is about what consumers want to buy), and not total input (resources used in production).
Answer:
total output.