In the United States,which is the largest dollar figure?
A) national income
B) gross domestic product
C) net domestic product
D) personal income

Question

Quizplus · Accepted Answer

Gross domestic product (GDP) represents the total value of goods and services produced within a country's borders, making it the largest dollar figure among the options given. National income and personal income are related to GDP, but do not necessarily represent the total value of economic activity within a country. Net domestic product (NDP) is also related to GDP, but subtracts out depreciation of capital goods, making it a smaller figure than GDP.

In the United States,which Is the Largest Dollar Figure