2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Global Domestic Product
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Goods Domestic Product
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General Depository Product
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Gross Domestic Product
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Detailed explanation-1: -The full form of GDP is Gross Domestic Product. GDP is the overall monetary or consumer value of all finished goods and services produced within the boundaries of a nation over a given time. It serves as a specific measure of overall domestic output, as a detailed scorecard of the economic health of a given country.
Detailed explanation-2: -The full form of GDP is Gross Domestic Product. GDP is the overall monetary or consumer value of all finished goods and services produced within the boundaries of a nation over a given time. It serves as a specific measure of overall domestic output, as a detailed scorecard of the economic health of a given country.
Detailed explanation-3: -Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports).