Gross domestic product adds together many different kinds of goods and services into a single measure of the value of economic activity.To do this,GDP makes use of

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GDP uses market prices to value goods and services. It reflects the prices that buyers and sellers in the market agree upon and thus captures the value that consumers place on goods and services. GDP does not assume that quantities or prices are unchanged from year to year, but it does use the prices that exist at the time of production to calculate the overall value of economic activity.

Gross Domestic Product Adds Together Many Different Kinds of Goods