what is Gross Domestic Product? How do we count the various goods and services for calculating GDP? explain with example.
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The summary of the given question is summarized in the section below.
Explanation:
- The cumulative retail amount of profit as well as economic resources over a stated amount of time by either the nation's economy, called GDP.
- In addition to import goods or intermediate products, this same importance or quality of finished products manufactured in any segment of the economic growth would be added.
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