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Anthony Fadly 1 year ago
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- [April 9 - Efficiency](apr9-efficiency.md)
- [April 13 - Externalities](apr13-externality.md)
- [April 18 - GDP](apr18-gdp.md)

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# April 18 - Gross Domestic Product

A nation's **gross domestic product** (GDP) is the total dollar value of
all final goods and services produced within the country's borders in a
given year.

- Dollar Value
- The **dollar price** is the measurement, not quantity

- Goods and Services
- GDP includes both tangible goods and intanigble services

- Final Products
- not products that become parts of other products

- within a given year

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