Which of the following best describes gross domestic product?
A) It is a measure of personal income.
B) It is the cost of producing a certain number of outputs produced in an economy.
C) It is the output produced by an employee in contrast to the input used by the employee.
D) It is the total output of an economy.
E) It is the total input used by an economy to produce a definite output.
Correct Answer:
Verified
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