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What is the gross domestic product (GDP)? | Made in Germany
Posted
November 12, 2014
Views
32,251
Likes
218
Comments
12
Engagement
0.71%
November 12, 2014
32,251
218
12
0.71%
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2:29Now PlayingThe gross domestic product is the ultimate yardstick of a country’s economy. An increase means companies are making profits and the economy is growing. But if there's negative economic growth for two consecutive quarters, however, it’s recession time. This is why all eyes and ears are on the business gurus and their forecasts for the GDP.
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