GDP includes the value of all new final goods produced by American companies, regardless of where the company is located.
a. Gross Domestic Product (GDP) measures the economic output of a country within its borders.
b. GDP includes the total value of goods and services produced within a country's borders.
c. GDP measures the overall economic growth and health of a country's economy.
d. GDP is used as an indicator of a country's standard of living and economic performance.