GDP is a useful measure since it provides a single measure of the value of the entire variety of goods and services produced by an economy.

Question

GDP is a useful measure since it provides a single measure of the value of the entire variety of goods and services produced by an economy.
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Quizplus · Accepted Answer

GDP (Gross Domestic Product) is indeed a useful measure as it aggregates the monetary value of all goods and services produced within a country's borders in a specific time period, providing a comprehensive snapshot of its economic activity.

GDP Is a Useful Measure Since It Provides a Single