11-16-2011, 12:35 AM
Yes the GDP of a country increase without increasing the number of goods being produced in that country.
GDP stand for Gross Domestic Product. Its mean that the product that is produced in a country in a specific period of time. Mostly the time contain one year or more then one year. The GDP can be calculated in to the three ways
The product method
The expenditure Method
The Income Methed
GDP stand for Gross Domestic Product. Its mean that the product that is produced in a country in a specific period of time. Mostly the time contain one year or more then one year. The GDP can be calculated in to the three ways
The product method
The expenditure Method
The Income Methed
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