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GDP
Gross Domestic Product: The total market value of all final goods and services produced in a country in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports.


GDP - Gross national expenditure   chart source: Google

GDP Component: Final consumption expenditure, etc.

GDP Component: Gross capital formation

GDP Component: External balance on goods and services

 

 

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Economics - the social science that deals with the production, distribution, and consumption of goods and services.
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