Geography
17.01.2020 02:09
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Select the correct answer. if you want to analyze the total annual production of

Select the correct answer. if you want to analyze the total annual production of goods, services, and structures within a nation, which economic figure should you reference? a. inflation b. consumer price index (cpi) c. gross domestic product (gdp) d. unemployment rate e. deflation
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naseem94
naseem94
4,8(5 marks)

C. gross domestic product (GDP)

Explanation:

A gross domestic perfection is a rate that is used to tell whether a country's economy is rising or falling and his measure tells exactly in the consumption and the spending power of the nations. As the measure of the economic growth the GDP is a sum of the total pr annual product that takes place in the country during that period. And gives a market value of all the produce either good and the services. The GDP can be calculated as  GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
seraphina05
seraphina05
4,5(58 marks)
D    most of the region has a Mediterranean climate

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