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Coffee and tea are two types of the gross domestic product.
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∙ 10y ago
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What is reccesion?
A Recession is a term used when the GDP of a nation is on a downward movement for two or more consecutive quarters GDP - Gross Domestic Product (Approximately the sum of the total industrial revenue generated in the country) This is usually measured quarterly, half yearly or annually... When the GDP of a nation has consistently declined for two or more consecutive quarters, then the country is supposed to be in a state of recession.
What are three factors of production and the two types of payments that appear in the free market circular flow model?
The three factors of production are capital, labor, and land. Two types of payments are from firms and households. These payments go to the goods and services markets.
What are the two types of external organizational environments?
The two types of external organizational environments are the internal and the external organization environments.
The product of 2 and 9?
The product of two numbers is the number that results when they are multiplied by each other. So the product of 2 and 9 = 2 * 9, or 18.
What are Two types of equity in a business?
Liabilties and Assets
What is the part of speech of gross domestic product?
The term 'gross domestic product' is a compound noun, a noun made up of two or more words that form a noun with a meaning of its own.The noun 'gross domestic product' is a word for the total value of goods produced and services provided in a country during one year; a word for a thing.
What qualifies as a country being in recession?
A period of negative, real Gross Domestic Product growth, usually during two consecutive quarters.
How much money does Mexico spend yearly?
I guess you mean either one of two things: the total value of goods and services purchased within a year, which is the definition of the Gross Domestic Product, or the money spent by the government, which is the Federal Budget. For both figures:Mexico's Gross Domestic Product: USD$ 1,143 billion.Mexico's Federal Budget: USD$ 321.2 billion.
What are the weakness of national income in comparing standard of living for the two countries?
different currencies hereby gross domestic product does not tell us about blackmarkerts making income illegally
What is United Kingdom's yearly income?
People in the United Kingdom has an average yearly income of $26,500. The annual Gross Domestic Product for the United Kingdom is approximately two trillion dollars.
What is the best measurement for comparing the standard of living between two countries?
The best measurement for comparing the standard of living between two countries is the GDP in conjunction with the economic growth. GDP stands for Gross Domestic product.
How much money did The Ring Two gross domestically?
The Ring Two grossed $75,941,727 in the domestic market.
How much money did Two Brothers gross domestically?
Two Brothers grossed $19,176,754 in the domestic market.
How much money did Two Lovers gross domestically?
Two Lovers grossed $3,149,034 in the domestic market.
How is gross domestic product calculated?
The national income is calculated by subtracting indirect taxes from NNP and adding subsidies to it. Indirect taxes are those, which are usually included in the market prices of goods and services. Subsidies are monetary assistance given by government to firms for keeping market prices below the factor cost. give example
How growth in the GDP may impact negatively on the standard of living of a country?
two ways in which growth in a country's gross domestic product may negatively impact the country's standard of living
What are the product of tourist?
two types of tourism product
