What is the meaning of GDP.
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gross domestic products
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Gross domestic product
Explanation:
- A GDP gross domestic product is the financial value of the total financial goods and services produced within a year.
- GDP measures how much the nation can produce within a financial year.
- It is used to track the growth of the national economy. this is why economist come up with a very precise definition of GDP that it measures the growth of the economy of the nation.
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