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What is GDP? Types and how it is calculated

As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...
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One consequence of government spending cuts? Lower GDP

An updated read on gross domestic product — basically, how fast the economy grew in the fourth quarter of 2024 — comes out Thursday. The first estimate from the Bureau of Economic Analysis said the ...