What is the definition of Gross Domestic Product?  Fill in the blanks: The gross domestic product (GDP) of Canada is defined as the ____ all _____ ______ in a given year.

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The gross domestic product (GDP) of Canada is defined as the value of all goods and services produced in a year. It's often used to measure the economic progress of a country - when the GDP value for this year is higher than last year's, the economy is said to have experienced growth. It means that factories are producing more output because the demand for their goods and services has increased due to the fact that more people can now afford to buy them. In other words,...

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