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What is the Gross Domestic Product?


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It measures the output of a nation's factors of production, regardless of if the factors are located within the country's borders.

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The Gross Domestic Product and is basically a measure of the value of goods and services produced in an economy in a year. ChaCha!

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Gross Domestic Product is a measure of the value of goods and services produced in an economy in a year. ChaCha on!

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Gross Domestic Product is the output of goods and services produced by labor and property located in the United States. ChaCha on!

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