Trading the Canadian GDP Report

What is the GDP Report? First and foremost, what exactly is a GDP report? A country’s GDP, or Gross Domestic Product, is the total output of goods and services for final use produced within a given nation’s border. It is calculated by the following formula: GDP: C + I + G + Xn “C” stands for consumption. It is the expenditures of the household sector. “I” stands for investment. It is the spending of the business sector. “G” means government purchases. It refers to the expenses of the public

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