A country's wealth is estimated by the amount of ________ it process

1.	A country's wealth is estimated by the amount of ________ it process
Answer» A country's wealth is ESTIMATED by the amount of _GDP_______ it process Gross Domestic Product, GDP: It is a tool of measurement of the sum TOTAL VALUE of final goods and services output within a the boundary of a country. It is the most prominent procedure of measurement of the economy and output and is therefore considered as a remarkable measure of the QUALITY and quantity of an economy. It is a scale of measurement and comparison growth or fall of economy of a country. When it is said that economy is larger than another or that an economy is growing or shrinking, usually they're refer to GDP figures.

Answer»

A country's wealth is ESTIMATED by the amount of _GDP_______ it process

Gross Domestic Product, GDP:

It is a tool of measurement of the sum TOTAL VALUE of final goods and services output within a the boundary of a country.

It is the most prominent procedure of measurement of the economy and output and is therefore considered as a remarkable measure of the QUALITY and quantity of an economy.

It is a scale of measurement and comparison growth or fall of economy of a country.

When it is said that economy is larger than another or that an economy is growing or shrinking, usually they're refer to GDP figures.

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