INTEREST RATES GDP

Interest Rates GDP

Interest Rates GDP

The gross domestic product (GDP) is the market value of all the final goods and services produced in a country in a given period. As early as the 19th century, the need to compile information on the evolution of an economy over time prompted economists to develop aggregate calculations of a country's total production. In 1942, the U.S. Department of Commerce published the first official set of national accounts: a set of statistics that measure the country's economic variables, the most important measures being GDP and gross national product (GNP).

There is a passive and ...