What is te difference between gdp and economy
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Economic output is sometimes referred to as gross output or simply output. As stated before, economic output is different from GDP. Gross domestic product is a measure of “value added” at the national level. ... Economic output measures the value of all sales of goods and services.
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Economic output is sometimes referred to as gross output or simply output. As stated before, economic output is different from GDP. Gross domestic product is a measure of “value added” at the national level. ... Economic output measures the value of all sales of goods and services
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