Gross Domestic Product is a dollar measure of
A)total gross investment in an economy.
B)total industrial sales in a particular time period.
C)the total physical product of the economy.
D)the value of all final goods and services produced in one time period.

Question

Quizplus · Accepted Answer

Gross Domestic Product (GDP) is a measure of the value of all final goods and services produced within a country's boundaries in a specific time period, usually a year. It is a dollar measure that includes the value of consumer goods, investments, government spending, and net exports. Therefore, choice D is the best answer.

Gross Domestic Product Is a Dollar Measure of