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Gross Domestic Product (GDP) is the monetary value of all goods and services produced in a country, and two consecutive declines in the GDP growth rate, often called a technical recession, can indicate that the economy is entering a downturn.
Authors
Sources
- Macroeconomic Indicators - Complete Guide - Financial Edge www.fe.training via serper
Referenced by nodes (3)
- GDP concept
- GDP Growth Rate concept
- economy concept