Question

GDP all advantage and disadvantages ​

Answer 1

Answer:

Gross Domestic Product (GDP) is an economic measure of a nation's total income and output for a given time period (usually a year). Economists use GDP to measure the relative wealth and prosperity of different nations, as well as to measure the overall growth or decline of a nation's economy.

The most common way to measure GDP is the expenditure approach. With the expenditure approach, GDP is the sum of the following elements:

Answer 2

Answer:

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