what is GDP?and use of gdp
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Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP can be calculated in three ways, using expenditures, production, or incomes.
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The sum of the production in the three sectors (i.e. Primary, Seconday and Tertiary sector) gives Gross Domestic Product of a country.
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