the total value of all the goods and services produced by a country in a year, except for income received from money invested in other countries, after taking away the value that buildings and equipment lose
Synonyms and related words
Economy and economics
agronomics
austerity
boom
net domestic product
noun singular economics
US
DEFINITIONS1
1
the total value of all the goods and services produced by a country in a year, except for income received from money invested in other countries, after taking away the value that buildings and equipment lose