The value of goods is 15 and service is 2.4
The value of goods is 15 and service is 2.4
15.9
23 and3.5
1$
Gross Domestic Product (GDP) includes the total value of all goods and services produced within a country's borders, regardless of whether they are produced by domestic or foreign firms. However, when considering the contributions of foreign firms specifically, Gross National Product (GNP) accounts for the value of goods and services produced by a nation's residents, regardless of where they are located. Thus, goods and services produced by purchases from foreign firms are reflected in GDP but not directly in GNP.
The value of goods is 15 and service is 2.4
15.9
23 and3.5
1$
Gross Domestic Product (GDP) includes the total value of all goods and services produced within a country's borders, regardless of whether they are produced by domestic or foreign firms. However, when considering the contributions of foreign firms specifically, Gross National Product (GNP) accounts for the value of goods and services produced by a nation's residents, regardless of where they are located. Thus, goods and services produced by purchases from foreign firms are reflected in GDP but not directly in GNP.
gross domestic product? i think.
aggregate production
GDP
Gross Domestic Product... (:
Gross Domestic Product... (:
The total value of all goods and services produced in a nation in one year
it is called gross domestic products