Detini GbP. How it is calculated.
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Gross Domestic Product (GDP) is the final monetary value of the goods and services produced within the country during a specified period of time, normally a year.
GDP can be calculated by adding up all of the money spent by consumers, businesses, and government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy. In either case, the number is an estimate of "nominal GDP."
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