What is GDP (Gross Domestic Product)


Topic: What is GDP (Gross Domestic Product)? -GDP is the market value of all final goods and services produced within a country in a given period of time. -So, In USA, GDP in 2018, will be the market value of all the goods (Ex: Pharmaceutical, Automobile) & services (Ex: Medical, Education) being produced. -So GDP is the overall market value of all the goods and services a country produced in a year.
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