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Jabari Zavala
Business
22 October, 01:18
What is a country's GDP
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Jerome Molina
22 October, 01:20
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Is an economical index of the total value of the economy of a country.
Explanation:
Gross Domestic Product is the most used index to measure economical performance of a country.
The formula to calculate it is GDP = C + I + G + (X - M) were:
C: consumption
I: Investment
G: Government expenditure
(X-M) : Exports - Imports.
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