Economics A Level (DONEEEEEEE): What is the National Output? How can it be Measured? Connect it with GDP

Question

What is the National Output? How can it be Measured? Connect it with GDP

eric_galvao · Accepted Answer

-National Output is all the Goods and Services made by a Country 
-Output can be Measured by Adding up the Quantity of Goods and Services made in 1 Year. 
-Or by Calculating the Value of all Goods and Services Made in One Year. This is GDP

Economics A Level (DONEEEEEEE)

What is the National Output? How can it be Measured? Connect it with GDP

-National Output is all the Goods and Services made by a Country -Output can be Measured by Adding up the Quantity of Goods and Services made in 1 Year. -Or by Calculating the Value of all Goods and Services Made in One Year. This is GDP

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