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19 May, 14:07

What does GDP mean and what does it stand for?

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  1. 19 May, 14:22
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    Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.
  2. 19 May, 14:28
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    Gross domestic product (GDP) is one of the most common indicators used to track the health of a nation's economy. It represents the total dollar value of all goods and services produced over a specific time period, often referred to as the size of the economy.
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