Gross domestic product (GDP)is the sum of spending on consumer goods, government spending, and investing in stocks and bonds.

Question

Quizplus · Accepted Answer

Gross Domestic Product (GDP) is the sum of spending on consumer goods, government spending, investments in business capital, and net exports (exports minus imports), but it does not include investing in stocks and bonds as those are considered financial transactions, not production of goods or services.

Gross Domestic Product (GDP)is the Sum of Spending on Consumer