Gross Domestic Product (GDP) is one of the most important subjects of Economy and functions as a comprehensive scorecard of a given country’s economic health. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture. CNBC’s Elizabeth explains how GDP works!
Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period.