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    Gross Domestic Product (GDP)

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    Gross Domestic Product - definition, explanation of the different types of expenditure.

    © BrainMass Inc. brainmass.com October 9, 2019, 3:57 pm ad1c9bdddf

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    GDP is generally defined as the market value of goods and services produced by a country. One way to calculate GDP is to sum all expenditures in the country.

    GDP = consumption + Investments + Government ...

    Solution Summary

    Gross Domestic Product (GDP) is overviewed.