How does population affect gross domestic product?

Answer 1

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:

Answer 2

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.

Answer 3

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.

Answer 4

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