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What is the most common indicator of measuring comic development of a country​

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User Fehbari
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1 Answer

10 votes

Answer:

GDP

Step-by-step explanation:

GDP stands for Gross Domestic Product. This indicator is found after calculating all total Consumption, Investment, Government spending, and net export of a country.

This indicator showed the Economists with a projection on how much economic productivity that the people in a certain country create within one year period. Higher GDP means that The country generate higher wealth that they can use for their development.

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User Ataman
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