Gross domestic product(GDP) is an economicmeasure of the market ...More
Gross domestic product(GDP) is an economicmeasure of the marketvalue of all last goodsand services produced ina time period (quarterlyor yearly). Titular GDPestimates are Generallyused to determine theeconomic performance of awhole country orregional, and to makeinternationalcomparisons. Titular GDPper capita does notreflect differences inthe price of living andthe inflation rates ofthe countries; thereforeusing a GDP PPP percapita basis is arguablymore useful whencomparing Less
Gross domestic product (GDP) is an economic measure of the market value of all last goods and services produced in a time period (quarterly or yearly). Titular GDP estimates are Generally used to determine the economic performance of a whole country or regional, and to make international comparisons. Titular GDP per capita does not reflect differences in the price of living and the inflation rates of the countries; therefore using a GDP PPP per capita basis is arguably more useful when comparing
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