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What is the measure of economy?

Updated: 8/23/2023
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12y ago

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The GDP, gross domestic product is the measure of how healthy an economy is doing. It is the total value of goods and services produced during a given year. There is real GDP and nominal GDP. It differs from GNP or gross national product.

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12y ago
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13y ago

measures of economic performance, such as unemployment rates, personal income and expenditures, interest rates, business inventories, gross product by industry, and numerous other economic indicators or indices.

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10y ago

what are the different economic measurements

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