marawsomaprinny marawsomaprinny
  • 08-02-2017
  • Business
contestada

gross domestic product tracks economic growth by measuring all goods and services

Respuesta :

armymade armymade
  • 08-02-2017
That is true the market is key
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amniotecardamom
amniotecardamom amniotecardamom
  • 09-11-2019

Answer:

TRUE

Explanation:

GDP is a way of measuring all the production of goods and services in a country over a given period of time. This is a concept you will find in all macroeconomic manuals. The GDP count takes into account consumption, investment, public spending and the trade balance (which is the difference between exports and imports). In short, we can say that GDP measures the wealth of a country!

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