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gross domestic product as your monetary value of all the finished goods and
services produced within their country's borders in a specific time period
though GDP is usually calculated on an annual basis
it includes on a private and public consumption government outlays
investments in exports less imports that occur within a defined territory
GDP is commonly used as an indicator of the economic health of the country
as well as to gauge your country's standard of living
critics of using GDP as an economic measures say the statistic does not take
into account the underground economy transactions that for whatever reason
are not reported to the government
others say the GDP is not intended to gauge material well-being
but serves as a measure of our nation's productivity which is unrelated past