what do you mean by gdp long answar
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✓Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.
✓ Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well
✓In the United States, for example, the government releases an annualized GDP estimate for each quarter and also for an entire year.
Hope it helps u....
✓Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.
✓ Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well
✓In the United States, for example, the government releases an annualized GDP estimate for each quarter and also for an entire year.
Hope it helps u....
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