Question

What are the uses of GDP ?​

Answer 1

Answer:

gross demestic product tracks the health of a country's economy. it represent the value of all goods and services produced over a specific time period with a country's borders. economist can use GDP to determine whether and economy is growing or experiencing a recession.

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Answer 2

Qᴜᴇꜱᴛɪᴏɴ :

❥ What are the uses of GDP ?

ᴀɴꜱᴡᴇʀ :

• Gross domestic product tracks the health of a country's economy.

• It represents the value of all goods and services produced over a specific time period within a country's borders.

• Economists can use GDP to determine whether an economy is growing or experiencing a recession.

• Investors can use GDP to make investments decisions—a bad economy means lower earnings and lower stock prices.

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