What is gross domestic product? average quantity of goods manufactured in a country in a year total value of goods and services produced in a country in a year total income of businesses and workers within a country in a year average rate of manufacturing expansion in a country in a year

Gross Domestic Product is the total value of goods and services produced in a country in a year.

Explanation:

The Gross Domestic Product is the macroeconomic indicator that reflects the productivity of a country in the course of a year, through the inclusion in this indicator of all the economic production of goods and services that occurs in a country in that year. The GDP of a country, then, gives a vision of the country's economy as a whole, that is, it allows to perceive the productive flow of said nation. But for a better analysis of these data, it is necessary to divide this amount by the total number of inhabitants of the country, thus obtaining the GDP per capita, which indicates the productivity that each inhabitant contributes to the nation and, therefore, is a sample clearer of the productivity of a given country.

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