Question

What is the role of gpd in economic sector

Answer 1

Explanation:

firstly its GDP.

The full form of GDP is Gross Domestic product it tracks the help of country's economy it represents the value of all goods and services produced over a specific time period within a country's borders. economics can use GDP to determine whether an economy is growing or experiencing a recession.

GDP is the sum of market values, or prices, oll final goods and services produced in an economy during a period of time.

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Answer 2

Answer:

Each industry's contribution to growth in the economy's output is measured by growth in the industry's value added. ... The gross domestic product (GDP) measures of national income and output for a given country's economy.