Respuesta :

The four factors of personal consumption, corporate investment, government expenditure, and net exports must all be met for a thing or service to be included in the gross domestic product (GDP) of a certain year.

The market worth of all the finished products and services produced in a given country over a certain time period is measured in dollars by the gross domestic product (GDP). This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character.

While nominal gross domestic product (GDP) is more useful for comparing national economies on the global market, GDP (nominal) per capita does not account for variations in the cost of living and inflation rates of the various nations. As a result, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between countries.

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