tell how the gdp affects nation
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Answer:
gross domestic product of country os one of the main indicator to measure the country economy..
Explanation:
when gdp is stronger firms can hire more workers and pay higher salaries and wages which leads to more spending by consumers on goods and swrvices.......plz give me just like...
Answered by
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The generally accepted measure of the standard of living is GDP per capita.This is a nation's gross domestic product divided by its population .Real GDP per capita removes the effect of inflation or price increases. Real GDP is a better measure of standard of living than the nominal GDP.
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