Gross domestic product

word intermediate

1. noun

A measure of the value produced by a country's economy.

The total market value of final goods and services produced within a country over a period.

2. Noun

the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)
Vocabulary classified under Business and finance
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