The most commonly used metric for measuring the value of a national economy is:
A) gross domestic product, or GDP.
B) gross national product, or GNP.
C) gross national income, or GNI.
D) gross domestic income, or GDI.

Question

Quizplus · Accepted Answer

GDP is the most commonly used metric for measuring the value of a national economy as it represents the total value of goods and services produced within a country's borders in a given period of time. GDP is used to gauge the health and growth of a country's economy and to compare the economic performance of different countries.

The Most Commonly Used Metric for Measuring the Value of a National