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Gross Domestic Product (GDP) is a key indicator that helps us see how strong a country's economy is. It represents the total value of all goods and services made in a country over a specific period, ...
China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of ...
The economists also applied mathematical models to verify the degree of correlation between national GDP and education expenditure (a proxy measure of human capital in this case).