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Gross domestic product (GDP), total market value of the goods and services produced by a country's economy during a specified period of time. It includes all
By Tim Callen - GDP definition, what is GDP. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the
Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity. How it works (Example): When GDP declines for two consecutive quarters or more, by definition the economy is in a recession.
Gross domestic product (GDP) is the monetary value of all the finished goods and as well as in determining if an economy is in recession (generally defined as For example, when a ship is built, GDP does not reflect the total value of the
The Gross Domestic Product measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time.
Gross metropolitan product. Gross metropolitan product (GMP) is a monetary measure of the value of all final goods and services produced within a metropolitan statistical area during a specified period (e.g., a quarter, a year).
Definition: GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a
Gross domestic product definition: A country's gross domestic product is the total value of all the goods it has Meaning, pronunciation, translations and examples.
18 Jul 2012 Learn more about gross domestic product - including definition, different For example, if you pay a person cash under the table to fix your car,

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February 2018