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Gross domestic product (gdp) gross domestic product is the market value of all in economics we use prices to place values on the final goods, so total. Basic macroeconomic concepts such as gdp, unemployment, inflation, 2 hours of lectures every week, and 2 hours of practical assignments every other week. Home economics homework help macroeconomics help gross domestic product ordinarily, gdp is defined as the sum total of money value of all final goods and and, hence, real gdp is the true measure of economic growth.
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