The conversation between human and AI assistant.
What is a GDP?
Can you give me an example of GDP calculation?
Sure, let's say a country produces $100 million worth of goods and services in a year. If consumers spend $60 million, businesses invest $20 million, the government spends $15 million, and the country exports $5 million worth of goods while importing $10 million worth of goods, then the GDP of that country for that year would be $70 million ($60 million + $20 million + $15 million + $5 million - $10 million).