The calculation of GDP includes:
A) both goods and services.
B) goods,but not services.
C) services,but not goods.
D) neither goods nor services.

Question

Quizplus · Accepted Answer

The calculation of Gross Domestic Product (GDP) includes both goods and services. It is a measure of the monetary value of all final goods and services produced within a country's borders in a given time period (usually annually). Therefore, both goods and services are taken into account when calculating GDP.

The Calculation of GDP Includes