Question

Define GDP and UNDP and IMR and HDI

Answer 1

Answer:

Gross Domestic product (GDP)

Explanation:

the total value of output of goods and services produced by an economy,by both residents and non-residents ,regardless of the allocation to the domestic and foreign claims. it is used to show the relative wealth of different countries and through yearly comparisons to show level of economic grouth.

Answer 2

Àñßwër:-

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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