Question

GDP is a valid method of measuring the value of

Answer 1

Gross domestic product (GDP) is a monetary measure of the value of all final goods and services produced in a period (quarterly or yearly).

Answer 2

The term GPD refers to the Gross Domestic Product, and it is related to the measures applied to the value of final goods and services in monetary terms. These services are measured in a specific period of time in which are produced by a country. Also, the GPD becomes an indicator of how well is the economy of a specific country going.