Question

what is the GDP?explain in point.

Answer 1

An IMF publication states that "GDP measures the monetary value of final goods and services—that are bought by the final user—produced in a country in a given period of time (say a quarter or a year)." Total GDP can also be broken down into the contribution of each industry or sector of the economy.

PLEASE MAKE AS BRAIN LIST

Answer 2

It is the total value of all the goods and services produced within a territory in a specific year