Which statement is true?

Question

Quizplus · Accepted Answer

GDP is a single number that seeks to measure our national output by calculating the total value of goods and services produced within a country's borders. While it is not a perfect measure, it is widely used and considered a key indicator of a country's economic health. Option A is incorrect as GDP does not necessarily account for all aspects of national output. Option B is incorrect as GDP does not take into account factors such as pollution, crime, and personal satisfaction. Option D is incorrect as GDP is directly linked to national output.

Which Statement Is True