Gdp is the value of final goods and services produced in a in a given year.

1 answer:

8 0

Real GDP is the value of the final goods and services produced in a given year; It is expressed in terms of the prices in base year.

<h3>GDP (Gross Domestic Product)</h3>

GDP simply means Gross Domestic Product and it is defined as the total monetary or market value of all the final goods and services that were produced within a country for a particular year.

Now, GDP is a very good measure of domestic production because it functions as a valuable scorecard tool of the strength of a country's economy.

This GDP is usually expressed in terms of the prices in base year.

Read more about GDP at; brainly.com/question/2019431

You might be interested in

Read these lines from emily dickinson's "712" ("because i could not stop for death"): we paused before a house that seemed a swe

Aleksandr-060686 [28]

The purpose of the figurative language in this excerpt is to compare the grave to a house, making it seem inviting. An excerpt is a short extract from a film, music or writing.

An excerpt refers to a short extract from a film, music and/or writing.

Moreover, figurative language represents expressions used to create comparisons by connecting concrete senses and emotions to abstract ideas.

Figurative language is widely used in literature to express different ideas and feelings.

Learn more about figurative language here:

brainly.com/question/2427003

6 0

2 years ago

<img src="https://tex.z-dn.net/?f=2x%5E%7B2%7D%20-4x%20%3Dt" id="TexFormula1" title="2x^{2} -4x =t" alt="2x^{2} -4x =t" align="a

Fynjy0 [20]

Answer:

I believe it's A

4 0