Episode 132: How to Measure Gross Domestic Product

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Gross domestic product, often referred to as GDP, is the total market value of all goods and services produced within a nation's borders over a specified period of time. Considered to be the income of a country, GDP is the most widely cited indicator and used to gauge the health of a nation's economy.

In this video we'll discuss some of the different sources of spending included in the over gross domestic product of a country. After watching this video you'll have a better understanding of GDP as well as what is included in this popular indicator.