Question

what is GDP? how do we count the various goods and services for calculating gdp explain with example

Answer 1

(Gross domestic product)

It's is a final goods and services. In India mammoth task is responsible for calculating the GDP.

please mark it as brainlist.

Answer 2

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GDP stands for Gross Domestic Product.

• It is the sum total of all final goods and services produced in a country during a particular year. It shows how big the economy is.
• It is the sum of production in all sectors.in india this mammoth task is undertaken by central govt. ministry.
• It collects information with the help of various govt. departments of all states and union territories.