Respuesta :

Gross domestic product is the economy's total production of goods and services for a given time period.

Gross domestic product simple refers to the sum of overall production at a given period of all the goods as well as services in the economy.

What is Gross Domestic Product?

  • The short form of Gross Domestic Product is GDP
  • It is a total monetary or market value of all the complete goods which is made and manufactured within a country.
  • It is used to find economic growth.
  • If a country has a higher GDP then the standard of living is high.
  • Many leaders and the citizens believed that it is important for a nation's success.

To learn more about Gross Domestic Product, Visit - https://brainly.com/question/15682765

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