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Gross domestic product (GDP) is a measure of how much a country produces. How does improved technology increase a country's GDP?

Sagot :

Baraq

Answer:

Technology increases a country's GDP by improving the efficiency of the production of goods and services in larger quantities.

Explanation:

Given that Gross domestic product is a term that describes the total financial or economic value of the total sum of manufactured commodities and services completely made in a particular country over a given time or duration.

Hence, Technology increases a country's GDP by improving the efficiency of the production of goods and services in larger quantities.

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