Gross domestic product

In a carefully written paper, complete the following:

  • List the four components of Gross Domestic Product(GDP) and provide an example of each.
  • Explain how each item affects you and the way that you live today

Adhere to the following standards:

  • Your paper should be two pages in length, not including the title or references pages.
  • Review the grading rubric, which may be found in the Week 8 folder.
  • Be sure to follow the CSU-Global Guide to Writing and APA Requirements.
  • Each paper should include an introduction, a body with at least two fully developed paragraphs, and a conclusion.




preview of the answer..

Gross domestic product is an economic term that refers to the monetary value of finished goods and services that are produced within the borders of a country within a specific time period. It is a value that is calculated on an annual basis in most countries so as to give the country’s leaders and citizens an idea of how they are doing. This information is used to help a country plan on how they can best utilize the resources that they have (Radisson, 2011). The …

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