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प्रश्न
Write the importance of Gross Domestic Product.
Explain the importance of Gross Domestic Product.
उत्तर १
The GDP is one of the primary indicators used to measure the health of a country’s economy. It represents the total dollar value of all goods and services produced over a specific time period, often referred to as the size of the economy.
उत्तर २
- It measures a country's economic performance.
- Higher GDP indicates economic growth and prosperity.
- It helps in comparing the economies of different nations.
संबंधित प्रश्न
What are the methods of calculating Gross Domestic Product? and explain its.
The ______ value is derived from the price at which the Goods and Services are sold in the market.
The first quarter of the GDP estimates includes the months ______.
The quarterly GDP estimates of the month July, August, and September includes ______ quarter.
October, November, December, months are included in ______ quarter estimates of GDP.
______ helps in the estimation of purchasing power.
GDP measures only the quantity but not ______.
United States is ranked ______ in Globe as regard to GDP.
If the total value of goods and services are calculated within the geographical boundary of a country it is called ______.
Explain the limitations of GDP.
