Economy, asked by priyasharam123456789, 9 months ago

4. GDP stands for Gross Domestic Product.
What does it show? *

Answers

Answered by BUNNY1233
3

Answer:

Explanation:

GROSS DOMESTIC PRODUCT IS THE MONTERY OR MARKET VALUE OF ALL THE FINISHED GOODS AND SERVICES PRODUCED IN A COUNTRY'S BORDER IN A SPECIFIC TIME  PERIOD .AS A  BROAD MEASURE  OF OVERALL DOMESTIC PRODUCTION, IT'S FUNCTIONS A  COMPREHENSIVE SCORECARD OF A GIVEN COUNTRY'S ECONOMIC HEALTH

Answered by NamamiGupta
2

Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country's economic health

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