0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How much money does Norway spend on the military?
Norway spends about 1.9% of it's GDP on the military.
How much Pakistan spend on its education?
Pakistan is spending Rs.95.442 million (2.2% of the GDP) on its education. Its should be more than 10% of the GDP for the better future of the Pakistan,
How many countries spend a greater percent of their GDP on defense than the US?
22 countries spend a greater portion of their GDP on defense than the US.
WHAT IS The role of students in imProving the society?
Spend, Spend, Spend!! Spend your money to boost America's GDP and its economy. Increase the worth of your dollar.
What percent of their GDP did Austria spend on defense?
.8% as of 2009
Worker get increase in social security affect GDP?
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.
Will a decrease in crime rate increase GDP?
A decrease in crime rate will decrease GDP. This is because areas of high crime require a higher police presence, available medical help, and people living in those areas will spend money to stay safe. People spend money on locks and security systems and many other items that they feel will keep them safe.
How much is 7000euros in GDP?
There is no currency with the abbreviation GDP
Is the GDP how much money people make?
No, the GDP is the "gross domestic product". It's the value of the goods and services produced by the entire country. It's kind of related to how much money people make, but it's not the same thing.
Why is per capital a better measure of a country's standard of living than GDP?
Simple none of the two are the best. HDI is the best measurement of a country's standard of living. To answer your question though as you may know, GDP per capita the the measurement of the amount of GDP per person in a country. GDP on the otherhand only calculates the total economic output of an economy. Therefore if we consider a country with 100,000 people(A) and one with 100 people(B) and both countries have the same GDP of 100,000$ they are from a GDP point of view the same. From a GDP per capita point of view though country A has only 1 $ to spend per person which compared to country B which has 1,000$ to spend per country is quite a poor effort. If this does not satisfy you please send me a message :)
How do fears of future economic problems affect the GDP?
consumers will spend less and save money in case future economic problems affect them; GDP will be reduced
How do fears of future economic problems affect GDP?
Consumers will spend less and save money in case future economic problems affect them; GDP will be reduced.
