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Lilit [14]
3 years ago
7

What does Gdp measure, and what are the four components of gdp?​

History
1 answer:
Mademuasel [1]3 years ago
6 0

Answer:

Gross domestic product or GDP is a measure of the size and health of a country's economy over a period of time (usually one quarter or one year).

Explanation:

The four components of gross domestic product are personal consumption, business investment, government spending, and net exports. 1  That tells you what a country is good at producing. GDP is the country's total economic output for each year. It's equivalent to what is being spent in that economy.

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