The definition of a country's wealth includes all economic
products except for the liabilities they entail.
What is the country’s wealth?
The country’s wealth, which is also known as a nation’s net worth, or nation’s net wealth, is the sum total of all the assets the country possesses after subtracting those assets from its liabilities. It also includes the wealth possessed by the residents of the country at a certain point in time.
The gross domestic product, also known as GDP, is one of the most accurate measures of the wealth of the nation. Gross Domestic Product is the sum of all goods and services produced in the country in one year.
All economic outputs—aside from the liabilities they carry—are included in the definition of a nation's wealth.
Learn more about the gross domestic product here:
https://brainly.com/question/14768180
#SPJ2
