What is grass domestic product and how is it calculated
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GDP is a technical term used to denote the average good produced in a year
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GDP MEANS GROSS DOMESTIC PRODECT
THE WORTH OF GOODS AND SERVICES PRODUCED WITH GEOGRAPHICAL LIMITES OF THE COUNTRY IS KNOWN AS GDP.
IT CALCULATE
GDP= CONSUMPTION +INVESTMENT+GOVERNMENT SPENDING+ NET EXPOT
THE WORTH OF GOODS AND SERVICES PRODUCED WITH GEOGRAPHICAL LIMITES OF THE COUNTRY IS KNOWN AS GDP.
IT CALCULATE
GDP= CONSUMPTION +INVESTMENT+GOVERNMENT SPENDING+ NET EXPOT
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