The value of all goods and services produced by an economy during a specific period of time such as a year is called the

Name: The value of all goods and services produced by an economy during a specific period of time such as a year is called the
Brand: Quizplus
Rating: 5.0 (47 reviews)

Question

Quizplus · Accepted Answer

Gross domestic product (GDP) is the value of all goods and services produced by an economy during a specific period of time, usually a year. A country's GDP is often used as a measure of its economic health and overall standard of living.

The Value of All Goods and Services Produced by an Economy