Answer:
1. Measuring value
2. Measuring final goals and services
3.Computing GDP
4. Net Domestic Product
Step-by-step explanation:
The four categories of economic activity used to measure GDP includes: Measuring value, measuring final goals and services, computing GDP,and Net Domestic Product
Gross domestic product (GDP) refers to the total monetary or market value of all the finished goods and services produced in a country at a specific period of time. GDP gives the economic condition of a country during a period of time
There are three ways of calculating the GDP ofa particular country:
1. Expenditure method
2. Production method
3. Income method
GDP is usually calculated on an annual basis but can sometimes be calculated on a quarterly basis.