Gross domestic product (GDP) measures and reports output
A) as an index number.
B) in percentage terms.
C) in dollar amounts.
D) in quantities of physical units (for example, pounds, gallons, and bushels).

Question

Quizplus · Accepted Answer

GDP measures output in dollar amounts, reflecting the market value of final goods and services produced within a country's borders. It does not measure output in index numbers or physical units, and percentage terms are typically used to analyze changes in GDP over time or in relation to other variables.

Gross Domestic Product (GDP) Measures and Reports Output