Which economic indicator measures the total value of goods and services produced within a countrys borders and is often used to assess the overall economic heal

Which economic indicator measures the total value of goods and services produced within a country's borders and is often used to assess the overall economic health of a nation?

Which economic indicator measures the total value of goods and services produced within a country's borders and is often used to assess the overall economic health of a nation? ?

Created: 10 hours ago | Updated: 10 hours ago | Created By:

Imran Ahmed

Gross Domestic Product (GDP )

Consumer Price Index (CPI)

Inflation rate

Gross National Product (GNP)

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Best Answer Explained in Below-:

Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country's economic health.

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Which economic indicator measures the total value of goods and services produced within a country's borders and is often used to assess the overall economic health of a nation? ?

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