Wednesday, December 16, 2009

GDP

Definition 1:
Gross domestic product, the total flow of services and goods produced by an economy over a quarter or a year, measured by the aggregate value of services and goods at market prices.

Definition 2:
The most comprehensive single measure of aggregate economic output represents the market value of the total output of the goods and services produced by a nation's economy.

0 comments:

Post a Comment

 
Copyright 2009-10 UMRU AYAR.