what points are to be considered while estimating Gross Domestic Product
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· Gross domestic product (GDP) is the standard indicator used across the globe to indicate the health of an economy. In India the GDP is calculated in two different ways. 1. Economic activity (at factor cost) - The performance of different industry sectors is known with the help of the factor cost GDP details.
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HEYA MATE HERE U GO.
How are goodd and services produced in a particular finacial year.
The total production of goods and services from the three sectors.
Only we include the value of final goods and services which are produced from the three sectors.
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