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Gross Domestic Product GDP Definition
Wednesday, October 24, 10:43 AM ET

The gross domestic product, or GDP, is a measure of all goods and services produced in a given country. It is calculated by adding consumer spending, investment made by industry, net exports, and government spending. GDP is used as an indicator of economic health and a country's standard of living.

For MarketNewsVideo.com, I'm Sayoko Murase.

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