GDP is a measure, a better question is what affects GDP.
GDP is, specifically a measure of a country's production. A higher GDP signals growth, efficient production, it may affect policy decisions, it may affect Federal Reserve decisions (money supply and interest rate, target inflation rate etc.)
it increases it (gdp)
consumers will spend less and save money in case future economic problems affect them; GDP will be reduced
Consumers will spend less and save money in case future economic problems affect them; GDP will be reduced.
The more you invest in human capital the higher your GDP goes.
Quality health care is expensive, and nations with higher GDP can afford better care.
it increases it (gdp)
AD is reduced and so is GDP
Consumers will spend less and save money in case future economic problems affect them; GDP will be reduced.
consumers will spend less and save money in case future economic problems affect them; GDP will be reduced
The more you invest in human capital the higher your GDP goes.
It probably would affect GDP because people getting social security would have more money to spend so they would be able to buy more goods and services. Have a look at GDP in Wikipedia for more information.
the GDP does not affect the literacy rate. The literacy rate affects the GDP. normally the higher the literacy rate, the higher the GDP, but not always. Some countries can have a very high literacy rate, but not a high GDP. but most of the time the higher the literacy rate, the higher the GDP and standard of living.
when nu dontknw the ans....then how i can ans
Yes
Quality health care is expensive, and nations with higher GDP can afford better care.
Primarily economics. But developments in history, geography, social sciences, government, politics are all influenced by economics. In all these cases, there are feedback loops so that changes in GDP affect areas within the remit of these subjects and these, in turn, affect the GDP and economics of the region.
It is unclear the affect the bailout will have on GDP and unemployment. GDP growth has the biggest impact on employment so how the economy responds to the bailout is the critical factor, If credit markets loosen up and credit begins to flow again it will have a very positive impact on GDP growth. In that instance the impact of the bailout will be a reduction in unemployment.