The total production within an economy is measured as
A)Gross Home Product.
B)Total Domestic Output.
C)Annual Production Value.
D)Gross Domestic Product.
E)Total Annual Output.

Question

Quizplus · Accepted Answer

Gross Domestic Product (GDP) measures the total value of goods and services produced within a country's borders over a specific period of time. It is the most commonly used measure of an economy's production.

The Total Production Within an Economy Is Measured as