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What do you mean by gross domestic product? - Economics

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Questions

What do you mean by gross domestic product?

What is Gross Domestic Product?

What do you mean by the term Gross Domestic Product?

Very Short Answer
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Solution

Gross domestic product is the value of final goods and services produced within the domestic territory of a country during one year.

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Chapter 32: Concepts of National Income - TEST QUESTIONS [Page 32.17]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 32 Concepts of National Income
TEST QUESTIONS | Q A. 18. | Page 32.17
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 6 Main Sectors of the Indian Economy
QUESTION BANK | Q 9. b. (i) | Page 90
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 6 Main Sectors of the Indian Economy
QUESTION BANK | Q 9. a. (i) | Page 90
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