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What is gdp and how does studying it help economists

What is gdp and how does studying it help economists
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What is gdp and how does studying it help economists

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User Scorb
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GDP stands for "gross domestic product" and it the total amount of goods and services produced by a specific country. It is helpful to economists because it shows how "well" a country is doing economically. 
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User James Mnatzaganian
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