Explain how economists use the measure “gross domestic product”

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asked Mar 7, 2019 21.8k views

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Nrj · Answer 1 · 2019-03-11T18:14:24+0000

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.

Explain how economists use the measure “gross domestic product”

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