What is GDP full form and what is GDP
Answers
GDP:
The full form of GDP is Gross Domestic Product.
GDP is the gross domestic product of a country. It means it is the total of all value added created in an economy. It measures the total final market value of all goods and services produced within a country during a given period. It is also a measure of total consumer, investment and government spending plus the value of exports minus imports.
Answer:
Full form of GDP = Grows Domestic Product
What is GDP?
Answer:- The GDP is the total of all value added created in an economy. The value added means the value of goods and services that have been produced minus the value of the goods and services needed to produce them, the so called intermediate consumption.
Explanation:
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