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What is a country‘s GDP

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User Footy
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1 Answer

2 votes

Answer:

Is an economical index of the total value of the economy of a country.

Step-by-step 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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User Metropolis
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