Need and importance of GDP
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GDP is needed to find total value of goods and services produced within a country’s borders in a specific time period — monthly, quarterly or annually.
it is important as It represents the total dollar value of all goods and services produced over a specific time period; you can think of it as the size of the economy.
it is important as It represents the total dollar value of all goods and services produced over a specific time period; you can think of it as the size of the economy.
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equal distribution of wealth
Explanation:
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