If a country's GDP stands at $4,867 billion,it means that the country's _____ is worth $4,867 billion.
A) total annual output
B) investment on technological innovation
C) savings with the World Bank
D) negative variance in budget

Question

Quizplus · Accepted Answer

GDP (Gross Domestic Product) refers to the total monetary value of all goods and services produced within a country's borders in a given time period (usually a year). Therefore, a country's GDP represents its total annual output of goods and services.

If a Country's GDP Stands at $4,867 Billion,it Means That