asked 167k views
3 votes
The GDP is important because it is a measure of the economy’s overall economic

debt.

strength.

weakness.

performance.

asked
User Jvillian
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7.9k points

2 Answers

3 votes

Answer:

The GDP is important because it is a measure of the economy's overall economic PeRfOrMaNcE.

Step-by-step explanation:

answered
User Sswwqqaa
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8.3k points
6 votes

Answer:

D. performance.

Step-by-step explanation:

GDP known as gross domestic product, is the dollar value of all final output produced within the borders of the nation during a specific period of time. Under a nominal gross domestic product (GDP) calculation for an economy, the current dollar value of the finished goods and services within the country is used. Since it is a measure that uses the current dollar value, it also include changes in price due to inflation or an increase in price in the economy

The GDP is important because it is a measure of the economy’s overall economic performance.

answered
User Audree
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8.1k points
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