Economy, asked by kritijagraj05, 3 months ago

what is meant by GDP?​

Answers

Answered by mohammadkaif7643
1

Explanation:

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.

Answered by XxscholarXx
1

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

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