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Home / Questions / Q 382675
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H.P.Dubey

H.P.Dubey

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What is The “Gross Domestic Product “(GDP)

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  1. eAnswers Team

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    Added an answer on September 19, 2018 at 7:28 am

    “Gross domestic product” (GDP) is the evaluation of a country’s economic health, it’s the caluctation of the total value of all goods and services produced over a specific time period within the country.
    GDP = C + I + G + left ( X – M right )
    Or
    GDP = private consumption + gross investment + government spending + (exports − imports)

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