answersLogoWhite

0

What is the GDP and how is computed?

User Avatar

Anonymous

14y ago
Updated: 8/19/2019

Gross domestic product: this report is published once every quarter and is an important report. It measures the value of services and goods in an economy and can have a major impact on the overall country's economy

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What is an adjective for compute?

It is computed, as in "the computed value".


How is your credit score computed?

Credit scores are personal information. If you can tell me how your credit score is computed then I will tell you how my credit score is computed. Okay?


What are cash flow from projects for a company is computed as the?

The cash flow from projects for a company is computed as the


How do you calculate nominal GDP at market price?

Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.


When was X-ray computed tomography created?

X-ray computed tomography was created in 1972.


What is the top ten poorest countries in Southeast Asia GDP?

TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)


How do you calculate deflation rate?

Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%


Explain real GDP vs potential GDP?

Potential GDP is the total numerical value of GDP before inflation is counted in. Real GDP is nominal GDP adjusted for inflation


How do you calculate percent change in normal GDP?

It is 100*(New GDP - Old GDP)/Old GDP


What chinease mathametician computed the value of pi?

Zu Chongzhi was the Chinese mathematician who computed the value if pi.


How to calculate the percentage change in real GDP?

[ (GDP 2006 - GDP 2005) / GDP 2005] X 100 ---- ----


If intermediate goods are included in GDP what would happen to the GDP?

the GDP would be overstated