Major US – Gross Domestic Product
Posted on October 28th, 2008 by Carl Vanderpal
Combination of Economics & Accounting GDP is the broadest, most comprehensive barometer of a country's overall economic condition. Sum of all the market values of all final goods and services produced in a country (domestically) during a specific period using that country's resources, regardless of the ownership of the resources. GDP is calculated and reported on a quarterly basis as part of the National Income and Product Accounts (NIPAs). NIPAs were developed and are maintained today by
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