Economy, asked by vikassingh06082, 11 months ago

what is the role of GDP in Indian economic
and how GDP is calculated

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Answered by Mehrzkv

Answer:

GDP--gross domestic product

Explanation:

gross domestic product is the most suitable concept of national income to analyse the contribution of sectors in an economy. The GDP of a country is the total money value of the final goods and services produced within the domestic territory during financial year. The income of people working aboard and the profit of institutions and firms operating aboard will not be included while calculating the GDP.

Answered by brainlyking00001

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what is the role of GDP in Indian economic
and how GDP is calculated