2. The totals the monetary value of all the finished goods and services produced in a country in a given period
Explanation:
GDP is abbreviated as Gross Domestic Product. It is the broadest quantitative live of a nation's total economic activity. A lot of specific, GDP represents the price of all product and services created among a nation's geographic borders over a specific amount of your time. <span>It is calculated as: </span>GDP<span> = private consumption + gross investment + government investment + government spending + (exports – imports)</span>