Gdp of country is based on
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Answered by
3
Answer:
income of country
Explanation:
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. It can be adjusted for inflation and population to provide deeper insights.
Answered by
1
Answer: The value of final goods and services produced in each sector during a particular year provides the total production of the sector for that year. And the sume of the production in the three sectors gives what is called GDP.
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