Which of the following statements is true about GDP as a measure of a country's economic health?
A)It does not include the services produced in a country.
B)It measures only those goods and services made within a country.
C)It includes profits from companies' overseas operations.
D)It does not include profits earned by foreign companies within the country being measured.
E)It essentially takes into account the concept of GDP in relation to population.

Question

Quizplus · Accepted Answer

GDP measures the total value of all goods and services produced within a country's borders in a specific time period, regardless of the nationality of the producers.

Which of the Following Statements Is True About GDP as a Measure