what is GDP? how it is measured
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GDP is gross domestic products
Gross Domestic Product (GDP) measures the total value of final goods and services produced within a given country's borders. ... GDP is defined as all consumption by households, all investment by businesses, and all purchases by the government, plus purchases made by foreigners minus purchases of things made abroad.
Gross Domestic Product (GDP) measures the total value of final goods and services produced within a given country's borders. ... GDP is defined as all consumption by households, all investment by businesses, and all purchases by the government, plus purchases made by foreigners minus purchases of things made abroad.
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IT is defined as all consumption by households, all investment by businesses, and all purchases by the government, plus purchases made by foreigners minus purchases of things made abroad.
IT IS MEASURED AS one of the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period, often referred to as the size of the economy.
IT IS MEASURED AS one of the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period, often referred to as the size of the economy.
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