Question

* Define GDP.?
Answer like 2 marks question
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Answer 1

Explanation:

Definition of 'Gross Domestic Product'

Definition: GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP growth rate is an important indicator of the economic performance of a country.

Answer 2

Explanation:

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.

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