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Expand GDP?

Answer Posted / naveengokarapu@gmail.com

GDP- Gross Domestical Product


The gross domestic product (GDP) or gross domestic income
(GDI) is one of the measures of national income and output
for a given country's economy. It is the total value of all
final goods and services produced in a particular economy.

Formula is

GDP = consumption + gross investment + government spending
+ (exports &#8722; imports)

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