First Published: 28 Dec 2022, 08:57 AM IST
What is GDP?
Updated: 28 Dec 2022, 11:27 AM IST
TL;DR.
The monetary worth of all finished goods and services produced inside a country during a certain period is known as the gross domestic product (GDP). Despite its shortcomings, GDP is an important tool for policymakers, investors, and corporations to use when making strategic decisions.
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