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Gross Domestic Product (GDP) is a flow measure of the value of finished goods and services produced within a country's borders in a specific time period. GDP is typically calculated on an annual basis.
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What is the boundery between non-GDP counted and GDP counted services?
For each trade we produced GDP of 20 dollar. However, in fact we produced nothing. … However, by the consumtion method, as long as these itmes are produced in the current year, payments for it is counted toward GDP. …