Factor Affecting GDP # 1. Non-Marketed Activities:
Factor Affecting GDP # 2. Underground Economy:
Factor Affecting GDP # 3. Environmental Quality and Resource Depletion:
Factor Affecting GDP # 4 Quality of Life:
Factor Affecting GDP # 5 Poverty and Economic Inequality:
Gross National Product or GNP is the aggregate value of goods produced by a country in a given time. Though GNP shows economic activity and improvement in GNP means improvement in living standards, it does not give an exact state of the economy.
GDP is comprised of consumption, investment, and government spending plus net exports (exports minus imports). It can be summed up by this equation:
GDP = C + I + G + (X - M)
Edit: In terms of what actually affects GDP, there are quite a few factors. Because GDP is the total output of an economy in a nation over a period of time (quarterly, annually), unemployment has a significant effect . A large portion of GDP is because of consumer spending. If there's high unemployment, people haven't the money to spend so GDP will reduce and economic growth will be stifled. There's also poverty, import/export, government spending etc.
the more people you have in a country, the more money it cost for GDP the more people you have in a country, the more money it cost for GDP
GDP divided by total population
per capita gross domestic product
It is the value of the gross national product divded by the population of any given country.
It stands for Gross Domestic Product
Iraq's gross domestic product is 84 billion.
GDP divided by total population
per capita gross domestic product
It is the value of the gross national product divded by the population of any given country.
The acronym for Gross Domestic Product is GDP.
It stands for Gross Domestic Product
Iraq's gross domestic product is 84 billion.
Gross Domestic Product... (:
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The gross national project is derived from the gross domestic product because various domestic products brought together is what is used to create the gross national project.
Coffee and tea are two types of the gross domestic product.
The GDP (gross domestic product) of a country divided by that country's population.
Gross Domestic PRoduct is the total amount of money per year