Answer / manish kumar

GDP is the total money value of all final goods and services
produced with in a country in a given period

Answer / mukesh kumar verma

GDP STANDS FOR GROSS DOMESTIC PRODUCT. IT MEANS ALL THE
PRODUCTION OF GOODS AND SERVICES IN A COUNTRY DURING A YEAR
IS MEASURED IN MONETARY VALUE. THAT IS CALLED GDP. I HAVE A
LITTLE CONCEPT. IF SOMEONE CAN DEFINE IT VERY WELL THEN HE
IS MOST WELCOME.

Answer / vijay kumar yadav

gross domestic product.which is accounting for a year for
final goods and services excluding foreign recipt.

Answer / sk maidul islam

THE BEST ANSWER FOR GDP -

GDP=CONSUMPTION+GOVT. EXPENCE+(EX PORT-IMPORT)

Answer / birbal

GDP stands for grose domestic product. it means total
production of goods and services in a financial year.it is
the mirror for the country's devepment or performance.

Answer / abhishek mittal

The gross domestic product (GDP) is one the primary
indicators used to gauge the health of a country's economy.
It represents the total dollar value of all goods and
services produced over a specific time period - you can
think of it as the size of the economy. Usually, GDP is
expressed as a comparison to the previous quarter or year.
For example, if the year-to-year GDP is up 3%, this is
thought to mean that the economy has grown by 3% over the
last year.

Answer / ramakrishna

The total value of the goods and services produced in a
year.

Answer / sandhya rani.g

GDP stands for Gross Domestic Product. it measures the
total performance and growth rate of a country, which
includes the exports, imports, investments and expendeture
of a country.
simply:
GDP=C+I+G+(X-M): WHERE: C= CONSUMPTION
I= GROSS INVESTMENTS
G=GOVERNMENT SPENDING
(X-M)= (EXPORTS-IMPORTS)

Answer / devendra kumar

GDP STANDS FOR GROSS DOMESTIC PRODUCT. IT MEANS ALL THE
PRODUCTION OF GOODS AND SERVICES IN A COUNTRY DURING A YEAR
IS MEASURED IN MONETARY VALUE. THAT IS CALLED GDP. I HAVE A
LITTLE CONCEPT. IF SOMEONE CAN DEFINE IT VERY WELL THEN HE
IS MOST WELCOME
in other way we can define this in the method

GDP=CONSUMPTION+GOVT. EXPENCE+(EX PORT-IMPORT)

Answer / rv

GDP is one of the tool to measure the country's performance.
it is the total of all the goods and services produced in a
country.
C+I+G(X-M)
consumption+gross investment+ goverment spending
(exports-imports)

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