What four categories of economic activity are used to measure gdp?

1. Measuring value

2. Measuring final goals and services

3.Computing GDP

4. Net Domestic Product

Explanation:

The four categories of economic activity used to measure GDP includes: Measuring value, measuring final goals and services, computing GDP,and Net Domestic Product

Gross domestic product (GDP) refers to the total monetary or market value of all the finished goods and services produced in a country at a specific period of time. GDP gives the economic condition of a country during a period of time

There are three ways of calculating the GDP ofa particular country:

1. Expenditure method

2. Production method

3. Income method

GDP is usually calculated on an annual basis but can sometimes be calculated on a quarterly basis.

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