Question

what is meant by gdp​

Answer 1

Answer:

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Explanation:

gdp refers to gross domestic product which means the standard measure of the value added created through the production of goods and services.

Answer 2

Definition. GDP stands for "Gross Domestic Product" and represents the total monetary value of all final goods and services produced (and sold on the market) within a country during a period of time (typically 1 year). Purpose. GDP is the most commonly used measure of economic activity.