The money spent on domestically produced final goods and services is: subtracted in the circular-flow model. called GDP, is equal to exports minus imports, and is subtracted in the circular-flow model. GDP. equal to exports minus imports.

Question

Sharon Barajas

Business

7 October, 04:03

The money spent on domestically produced final goods and services is: subtracted in the circular-flow model. called GDP, is equal to exports minus imports, and is subtracted in the circular-flow model. GDP. equal to exports minus imports.

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Bass · Answer 1

is called the GDP (Gross Domestic Product)

Explanation:

Gross Domestic Product (GDP) is the economic value of all finished or final goods and services produced in a country over a given period of time.

The GDP offers a country's economic overview, used to measure an economy's scale and rate of growth.

In three cases, GDP can be measured using consumption, development or revenue.