GDP. Gross Domestic Product. It's probably the most-quoted economic statistic in the world. It measures something specific. The total monetary value of all finished goods and services produced within a country's borders over a given period. Economists usually break it down into four parts, written as C + I + G + NX: consumption (household spending), investment (business spending on equipment and structures),…
You have read your 3 free lessons. Making an account is free and gives you 3 more straight away - plus your progress, streak and quiz scores saved as you go.
Learning through your school? Join your class - school students get everything, at no personal cost.