What is the best description of gross domestic product?
A) The total value of goods and services produced annually in a country.
B) The total value of goods and services available for sale in domestic markets.
C) The total value of goods and services imported annually into a country.
D) The total value of goods and services exported annually from a country.
E) The total value of goods and services produced by a domestic manufacturer.

Question

Quizplus · Accepted Answer

Gross domestic product (GDP) is the total monetary value of all finished goods and services produced within a country's borders in a specific time period, usually annually.

What Is the Best Description of Gross Domestic Product