Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain.
What is Gross domestic product?, Explain Gross domestic product, Define Gross domestic product
gross domestic product (GDP), total market value of the goods and services produced by a country's economy during a specified period of time.
Gross domestic product (GDP) is the value of everything produced in a particular country. · To calculate GDP, add personal consumption expenditures to business. A country's gross domestic product is the total value of all the goods it has produced and the services it has provided in a particular year, not including.
(GDP)One of the main measures of economic activity. The GDP of a country is defined as the total market value of all final goods and services produced. Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of. 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.