Question

The gross domestic product is a measure of?

A. The impact of inflation on the unemployment rate

B. How much debt students accumulate every year from their students loans

C. The tax rate for individuals who make less than $50,000 per year

D. The total dollar value of all final goods and services produced within the United States in a year

Answer 1

The answer is D) The total dollar value of all final goods and services produced within the United States in a year

GDP, or gross domestic product, is the total value of all final goods/services produced in a country (in this case the United States). This value is generally used as a measure of economic production and growth in a country.