as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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how do economists measure economic growth?
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economists measure economic growth by looking at changes in the gross domestic product (gdp). gdp measures the total value of all goods and services produced within a country over a specific period of time. by comparing gdp from one period to another, economists can assess the relative health of an economy.
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