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Because the aggregate demand increased in the economy, the gross domestic product increased as well.
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∙ 14y ago
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What is the best measure of Ghana's economic activities on Gross domestic product or Gross national product Explain?
Gross domestic product measure the total output produced from within the countries boarders. Gross national product measures the output generated by a countries enterprises. The best way to measure Ghana's economic activities would be to use gross domestic product.
What is the total value of all goods and services produced in and out of a country in a year called?
Gross Domestic Product (GDP)
What term do economists use to describe the dollar value of all final goods and services produced within a country's borders in a given year?
gross domestic product, or GDP
What do economists use to keep track of a nation's cost of living and how do they use this variable?
gross product
What Countries do not use gross national product GNP as a measurement of their economy?
pooland
How do you use gross domestic in a sentence?
The United States' Gross Domestic Product (GDP) fell to an all time low in 2010.
What is the best measure of Ghana's economic activities on Gross domestic product or Gross national product Explain?
Gross domestic product measure the total output produced from within the countries boarders. Gross national product measures the output generated by a countries enterprises. The best way to measure Ghana's economic activities would be to use gross domestic product.
What is the total value of all goods and services produced in and out of a country in a year called?
Gross Domestic Product (GDP)
What is Mexico's gross natural product?
I think you mean "Gross National Product". That statistic is no longer used, and instead economists use the "Gross Domestic Product" (here is the definition: http://en.wikipedia.org/wiki/Gross_domestic_product).In that case, Mexico's GDP would be of 1143 billion US dollars; the 13th economy in the world.
How do you use the word GNP in a sentence?
GNP means Gross National Product. The GNP of the country has improved this year.
How can you use domestic in a sentence?
There was a domestic murderer in my house.
How do you use domestic in sentence?
A lion is not a domestic cat.
What is the gross nation product Capita growth rate of Mexico?
I think you mean "Gross National Product per Capita". That statistic is no longer used, and instead economists use the "Gross Domestic Product per Capita" nowadays. Mexico's GDP for 2010 was of US$1567 billion; GDP per Capita was of approximately US$13,900 and its real growth rate was of 5.5%.
What term do economists use to describe the dollar value of all final goods and services produced within a country's borders in a given year?
gross domestic product, or GDP
Use domestic in a sentence?
She preferred to adopt a domestic lifestyle, focusing on her family and home responsibilities.
How do you use the word 'gross' in a sentence?
The boy picked his nose, it was SO gross. The gross boy picked his nose. Your question IS a sentence using the word gross! That is another sentence with the word gross. However, in business, one gross of a particular item equals 144 of that item.
How can you use gross income in a sentence?
"I receive a gross income of $750 per week from my employer."
