GDP

Take collective Cornell Notes as a group on each of the pages in this module, and answer the questions in your own Canvas. Upload a picture of your notes and your team on the last page. Each team member should point to the work that they did in the notes-picture-upload. 

The most commonly-used metric for measuring the economy is Gross Domestic Product - GDP. GDP is a country's total economic output. 

GDP adds together household consumption, business investment, government purchases, and the net of exports minus imports. It's useful for telling us the total size of the economy - the total amount of goods and services that an economy produces each year.