Question

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About GDP ( economics )


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Answer 1

DUDE LAND

• GDP stands for Gross Domestic Product (GDP) or GDP or Gross Domestic Income (GDI) is a basic measure of an economy's economic performance.

• It is the market value of all final goods and services within a nation's range in a year.

• The total at the stage intermediate stage is equal to the sum of the value added and the subsidized tax on products.

• Third, it is equal to the sum of the income generated by production in the country over a period that is, the amount of workers' compensation, taxes on production and subsidized imports and gross operating surplus or profit

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DUDE LAND

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. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of the country's economic health .

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