Many countries, including the united states, measure output by calculating the . gross domestic productb. economic peaksc. economic cycle

A. Gross Domestic Product

Explanation:

The gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Gross domestic product can be calculated in 3 ways:

1. Expenditure approach

2. National output

3. National income

Expenditure approach = Consumption spending by households + Investment spending + Government Spending + Net Export

I hope my answer helps you

support your answer using the data presented. (5 points). 4. based on the information you used to schedule and curve, which product would you recommend the shoe hut focus on, and why? provide details that support your answer. (5 points).