What is Gross Domestic Product (GDP) and why is it important?

Mudassir Ali
Feb 01, 2020 03:01 PM 0 Answers
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Mudassir Ali
- Feb 01, 2020 03:01 PM

The Gross Domestic Product (GDP) is one of the most commonly used indicators of country’s economics wealth. It is also usually used as a key indicator of the size of economy. Most often it is expressed as a comparison to a previous period of time (usually a quarter or a year).

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