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GDP

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GDP (guanosine diphosphate): see guanine guanine , organic base of the purine family. It was reported (1846) to be in the guano of birds; later (1879–84) it was established as one of the major constituents of nucleic acids.
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gross domestic product (GDP)

Total market value of the goods and services produced by a nation's economy during a specific period of time. GDP is customarily reported on an annual basis. It is defined to include all final goods and services—that is, those that are produced by the economic resources located in that nation regardless of their ownership and are not resold in any form. GDP differs from gross national product (GNP), which is defined to include all final goods and services produced by resources owned by that nation's residents, whether located in the nation or elsewhere.



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Byline: Daily Star Staff Summary: The International Mo netary Fund (IMF) proposed in a working paper to add the remittances flowing into Lebanon each year to the country's GDP and this could lead to further drop of public debt to GDP ratio.
Last week's 'flash' Q2 GDP growth estimates provided welcome upside news that euro area output contracted a mere 0.
The Cabinet Office said the GDP rise was due largely to a rebound in exports, especially to other Asian economies, after a sharp downturn amid the global financial crisis.
 
 
 
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