Answer:
Gross Domestic Product (GDP) is a measure of the total value of all final goods and services produced within a country's borders during a specific time period. It is calculated by summing up various components of economic activity.
Step-by-step explanation:
Among the options you provided, the component that is NOT included in the calculation of GDP is D. personal savings in banks. Personal savings refer to the portion of income that individuals choose to save rather than spend. While personal consumption expenditures (A), net exports (B), and government expenditures (C) are all included in the calculation of GDP, personal savings are not directly considered as a component of GDP