makenayong25 makenayong25

17-07-2024
Social Studies

Answered

Question 15 of 25

The total value of goods and services produced in an economy per year is measured by the:

A. unemployment rate
B. gross domestic product
C. consumer price index
D. rate of inflation

Answer :

GinnyAnswer GinnyAnswer

17-07-2024

Final answer:

Gross Domestic Product (GDP) measures the total value of goods and services produced in a country annually.

Explanation:

Gross Domestic Product (GDP) is the total value of goods and services produced in a country in a year. It is calculated by summing the value of all goods and services produced within the country's borders. GDP is a key measure of a nation's economic performance.

Learn more about Gross Domestic Product (GDP) here:

https://brainly.com/question/33854874

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