Which factor is used to calculate the GDP?

History

1 answer:

Morgarella [4.7K]3 years ago

7 0

All of these factors are counted in in the process.

Explanation:

The process of finding the Gross Domestic Product or the GDP of a nation has to do with all of the things that are given here.

This is because it is the level of growth in the total output of the nation computed against the total output of the nation in the previous year.

The growth of GDP means that there is a growth in the industry and the nation at large.

For this all of these factors are considered to follow the total capital development of the nation thus.

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