Social Sciences, asked by pro5871maths, 8 months ago

(649487864)Expand GDP​

Answers

Answered by srivishnusrikrishna5
1

Answer:

Gross Domestic Product

Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity.

More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time

Explanation:

Answered by poonamsingh1050
0

Answer:

When the economy is expanding, the GDP growth rate is positive. If it's growing, so will businesses, jobs, and personal income. But if it expands beyond 3%-4%, then it could hit the peak. At that point, the bubble bursts and economic growth stalls.

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