The National Bureau of Statistics (NBS) has said prostitution, drug peddling, and other illegal and hidden activities will be included in the calculation of the country's Gross Domestic Product (GDP).
Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...
When economists want to analyze economic performance, they typically examine Gross Domestic Product (GDP) growth. However, a ...
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