| | Read about Gross domestic product at WorldVillage Encyclopedia. Research Gross domestic product and learn about Gross ... (Site not responding. Last check: 2007-10-02) |
 | | GDP is defined as the total value of all goods and services produced within that territory during a specified period (or, if not specified, annually, so that "the UK GDP" is the UK's annual product). |
 | | Whereas nominal GDP refers to the total amount of money spent on GDP, real GDP refers to an effort to correct this number for the effects of inflation in order to estimate the sum of the actual quantity of goods and services making up GDP. |
 | | GDP counts work that produces no net gain, and does not account for negative externalities. |
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