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Gross Domestic product

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 Gross Domestic Product (GDP) is a measure of a country's economic performance, which represents the total value of all goods and services produced within a given time frame, usually a year. It is an essential indicator of a country's economic health, as it measures the size of its economy and its growth over time. GDP is typically calculated using either the expenditure approach, which measures the sum of all final expenditures, including consumption, investment, government spending, and net exports, or the income approach, which measures the sum of all incomes generated in the economy, including wages, profits, and interest. GDP is a useful tool for policymakers, investors, and economists to monitor the overall performance of an economy. It provides insight into the level of economic activity and helps to identify trends and changes in production and consumption patterns. GDP can also be used to compare the economic performance of different countries, regions, or time periods