Final answer:
The GDP measures the economic output of a country, and as of 2016, the U.S. GDP was approximately $18.9 trillion. To find Georgia's contribution to that, we would need its GDP value, then divide it by the total U.S. GDP, and multiply by 100 to get the percentage.
Step-by-step explanation:
The Gross Domestic Product (GDP) is a crucial economic indicator that measures the total value of goods and services produced by a country annually, reflecting the economic health and size of the economy. As of the fourth quarter of 2016, the U.S. GDP was approximately $18.9 trillion.
To determine the contribution of the state of Georgia (GA) to the U.S. economy and its percentage of the GDP, specific state data would be needed. However, using the general approach to calculate the percentage contribution to GDP, if Georgia's economic contribution were known, it would involve dividing Georgia's GDP by the total U.S. GDP and multiplying by 100.
For example, if Georgia's GDP were $542 billion, you would divide that by the total U.S. GDP of $18.9 trillion (or $18,900 billion for comparison) and then multiply by 100 to find the percentage. The formula to find this percentage would be (Georgia's GDP / U.S. GDP) x 100.