Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 2, Problem 1TIT
Summary Introduction

To discuss: The trend and accordingly future expectations of GDP in US.

Introduction:

Economics is the term used for the study of production, distribution and consumption of resources.

GDP or the gross domestic product refers to the value of goods and services produced in a country.

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