answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What statistic measures the dollar value of final goods and services produces in a country during a year?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does A country's econmic systems refers to?

the answer is a economic refers to the way in which it produces and distributes goods and services .


What does the debt to GDP ratio measure?

It measures that amount that the country actually produces as a whole compared to the debt that the nation owes.


What are the reason for measuring national income?

You can measure national income by looking at various factors. The most important ones include average living standard and the rate of economic growth. National incomes measures the value of good and services a country produces.


Is the total value of goods and services a country produces annually?

GDP, gross domestic product.


What countries produce polyester?

the country that produces polyester is Asia.


Which country produces the most calculators India or Japan?

The country that produces the most calculators is India.


How do you measure how rich or poor a country is?

One way to measure the wealth of a country is by its GDP (Gross Domestic Product), which measures the total value of goods and services produced within a country. Another measure is the GDP per capita, which divides the GDP by the country's population to give an idea of the average wealth per person. Measures of income inequality and poverty rates can also provide insight into a country's economic condition.


What does the current accounts of a country measure?

A nations current account measures how much it lends or borrows from the world. A country where imports run ahead of exports is also spending more than it produces and must borrow abroad to make up the difference.


What does GrossDomestc Poduct measure?

The Gross Domestic Product, or GDP, measures the officially recognized market value of all goods and services of a country in a one year time period.As of March 2014, the country with the highest GDP is the US.


What country produces good goalkeepers?

Italy produces good goalkeepers.


Which country produces spaghetti bolognese?

Italy produces spaghetti bolognes


Is there an African country that produces oil?

Equatorial Guinea produces oil!