A widely used measure of income in most countries is:
A) gross domestic product.
B) total consumption expenditures.
C) disposable personal product.
D) population times GDP.
E) socio-economic product.

Question

Quizplus · Accepted Answer

Gross Domestic Product (GDP) is the most widely used measure of income across countries. It represents the total value of all goods and services produced over a specific time period within a country's borders.

A Widely Used Measure of Income in Most Countries Is