There are two ways to calculate a nation's gross domestic product (GDP): by adding up all of the money spent or all of the ...

Gross domestic product ... the prices that those goods and services actually sold for in that year. Nominal GDP is evaluated in either the local currency or U.S. dollars at currency market ...

Gross profit is one of ... have to ensure that the increase in price is commensurate to the supply and demand of the product, otherwise, they risk losing market share to competitors who are ...