Gross Domestic Product is the
A)least inclusive aggregate used to measure the economy.
B)total of goods and services desired by consumers.
C)most comprehensive measure of total output in the United States.
D)most accurate measure of the trade balance of the United States.

Question

Quizplus · Accepted Answer

Gross Domestic Product is the most comprehensive measure of total output in the United States. It includes the total value of goods and services produced in the country's economy, including consumer spending, government spending, private investment, and net exports. It is often used as the primary indicator of the health and growth of the country's economy.

Gross Domestic Product Is the