Trivia: What does “GDP” stand for?
Grand Demand Production
Gross Domestic Product
Guaranteed Downward Projection
Grant Dominated Population
The correct answer is Gross Domestic Product
So why is this answer correct? : GDP, or gross domestic product, measures the output and overall health of a national or global economy. When the GDP increases, businesses and workers ideally benefit, but the inverse is also true. Today, the U.S. is the world’s largest economy with a GDP of more than $23 trillion.