GDP is a measure of
A) production.
B) innovation.
C) inflation.
D) the amount of money available.

Question

Quizplus · Accepted Answer

GDP (Gross Domestic Product) is a measure of the value of all final goods and services produced within a country's borders during a specific period of time, usually a year. It is a measure of a country's production, not innovation or inflation, and is often used to gauge the economic health of a country. It does not measure the amount of money available, as it only looks at the value of goods and services produced, not the amount of money in circulation.

GDP Is a Measure of