Social Sciences, asked by varalvaral91264, 11 months ago

The values of goods and services produced in an economy in a finical year is

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Answered by sidharth343

Answer:

GDP is the final value of all goods and services produced by a country in a given time period. It is widely used as an indicator of economic progress.

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Answered by abhijeetmaurya82

Answer

GDP refers to output produced in the country, irrespective of the ownership of the factors of production. For example, the production of a foreign unit in India is included in India’s GDP.

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