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National Product
The national product is the value of all the goods and services produced by an economy over some given period. The figures published are usually for a year. Figures for one month and for three months are also published. These published figures are useful in indicating what is happening to such things as the overall level of output: whether it is growing and if so how quickly; how it compares with other economies and so on. The published statistics give details for different sectors of the economy. Again, these give useful information on trends and developments. About the Author: The author of this economics-related article is a publisher in Economics & Politics.
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