GDP, or gross domestic product, is all over financial news. It's a step of the value of all the items and services in a country, however what does it actually mean? Well, it works as an indicator for how well or improperly a nation's total economy is faring. Do policies need changing? Are people gainfully used? Watch to learn how GDP works and why it matters for financiers.
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What Is GDP and Why Does It Matter to Investors?
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Why not talk about gross output? Oh that’s right because it never trends up any more