context: Gross Domestic Product (GDP): is the market value of all final goods and services that are locally recognized and that are produced in a country during a specific time period. Per capita GDP is often considered an indicator of the standard of living in a country. [2] GDP per capita is not a measure of per capita income. Under economic theory, GDP per capita is exactly equal to GDI per capita income. GDP relates to national accounts, which are macro-economic items. The gross domestic product should not be confused with the gross national product (GNP) that allocates production by ownership.
question: What is the GDP index?
answers.text: market value of all final goods and services that are locally recognized and that are produced in a country during a specific time period