What Is Gross Domestic Product (GDP)? | Marginal Revolution University
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What Is Gross Domestic Product (GDP)? | Marginal Revolution University
Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed?The cashier is computing a very important number: gross domestic product, or GDP.GDP is the market value of all finished ...
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Gross Domestic Product Values. The following table shows an example of gross domestic product values for five countries over six years in equivalent U.S. dollars ( Gross Domestic Product (US Country Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Albania 7385937423 8105580293 9650128750 11592303225 10781921975 10569204154 Argentina 169725491092 198012474920 241037555661 301259040110 285070994754 339604450702 Au
Gross Domestic Product Values. The following table shows an example of gross domestic product values for five countries over six years in equivalent U.S. dollars ( Gross Domestic Product (US Country Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Albania 7385937423 8105580293 9650128750 11592303225 10781921975 10569204154 Argentina 169725491092 198012474920 241037555661 301259040110 285070994754 339604450702 Au
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What is GDP?
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What is GDP?
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