A company produce milkshake $3.5 million. GDP of product and services as GDP is 350US$.
What is GDP ?
The market value of all the finished goods and services generated by a nation's economy during a given time period is totaled up by the term "gross domestic product," or GDP.
So, the product is milkshake is $3.5 million multiply by 100.
GDP= Product x 100
GDP= $3.5 million x 100
GDP = 350US$
As a result, Gross domestic product (GDP) is 350US$.
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