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Gross Domestic PRoduct is the total amount of money per year
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∙ 11y 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.
The total market value of goods and services produced in a certain county during a specific period of time Which is a following best matched the definition above?
Gross domestic product
What is the best measure of the value of output of an economy?
A country's gross domestic product (GDP) is a measure of a country's overall economic output.
What is the best description of gross domestic product?
the total retail market value of all the goods and services produced within a nation’s borders in a one-year span
Which of these is the best description of the Gross Domestic Product?
the value of all final goods and services produced within a nation in a given year plus income earned by its citizens abroad, minus income earned by foreigners from domestic production
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.
The total market value of goods and services produced in a certain county during a specific period of time Which is a following best matched the definition above?
Gross domestic product
It's very difficult for any nation to have the best and at the same time?
a) gdp;hdi gross domestic product; Human Development Index ranking
If a country is at the top of the worlds Human Development Index rankings it probably will not have the world's best?
gross domestic product
Its very difficult for any nation to have the best and at the same time .?
gross domestic product; Human Development Index ranking
If a country is at the top of the world's Human Development Index rankings probably will not have the world's best?
military capabilities. The Human Development Index focuses on factors like education, health, and standard of living, whereas military capabilities are independently assessed based on a country's defense spending, technology, and strategy. A country can excel in one area while not necessarily leading in the other.
What is the best measure of the value of output of an economy?
A country's gross domestic product (GDP) is a measure of a country's overall economic output.
It's very difficult for any nation to have the best and at the same time.?
a) gdp;hdi gross domestic product; Human Development Index ranking
What is the best description of gross domestic product?
the total retail market value of all the goods and services produced within a nation’s borders in a one-year span
Which of these is the best description of the Gross Domestic Product?
the value of all final goods and services produced within a nation in a given year plus income earned by its citizens abroad, minus income earned by foreigners from domestic production
What is the best measure of an increase in actual output?
Real Gross Domestic Product (Real GDP) measures the changes in output within a country compared to the output of a selected year. It adjusts Nominal Gross Domestic Product (GDP) to include changes in inflation during the fiscal year. By including changes in inflation, we can observe over time how much actual output a country produces.
Which of theses is the best description of the gross domestic product?
the value of all final goods and services produced within a nation in a given year plus income earned by its citizens abroad, minus income earned by foreigners from domestic production
