3 years ago

What is the gross domestic product (GDP), and how can it be an indicator of development

1 answer:

7 0

Answer:

Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP can be calculated in three ways, using expenditures, production, or incomes.

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