235k views
2 votes
What does Gdp measure, and what are the four components of gdp?​

User Augustzf
by
4.5k points

1 Answer

3 votes

Answer:

The four components of gross domestic product are personal consumption, business investment, government spending, and net exports. 1 That tells you what a country is good at producing. GDP is the country's total economic output for each year. It's equivalent to what is being spent in that economIC.

User Andrew Miner
by
4.0k points