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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.
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Would the money received for American cars exported to Italy be part of the US gross domestic product?
Yes Gross domestic product is the amount of money made in one year by selling stuff for the first time. (as in, garage sales sell used stuff that's already been bought. That stuff doesn't count) It doesn't matter where we sell the stuff.
What is Spains GNP?
The GNP (Gross National Product) of Spain is 1,100 billion dollars, ranking it 8th in the world.
Why is economics considered social science?
Economics is a social science because it is the study of human behavior when it comes to money and how it is made and spent. Economics play a large part of all humans personal and professional lives. The gross domestic product is licked to both social science and economics. Unlike natural science, social science is used to understand society. Economics is a large part of society and how people behave.
Which activity is an important component of the Gross Domestic Product (GDP)?
It matters by the approach you take. In the expenditure approach (C+I+G+NX) C or consumption is the largest part In the income approach, it is income given to labor In the value added approach, it is the difference between input price and output. note:all final GDP calculations arrive at the same value.
What is informal economy?
The Informal Economy is the part of the economy that is not taxed, monitored by any form of government, or included in any Gross National Product (GNP), unlike the formal economy.
Salaries for government employees are not part of the Gross Domestic Product.?
false
A car that was produced in Germany and sold in America would be part of which gross product?
gross national product
Which act is an important component of the gross domestic product?
Gross Domestic Product or GDP is a term to describe the economic situation in a country, for the most part. As such one significant component is wealth that an important industry creates by selling its products overseas and making a profit doing so. Wages within the home country benefit the citizens and the economy overall.
Would the money received for American cars exported to Italy be part of the US gross domestic product?
Yes Gross domestic product is the amount of money made in one year by selling stuff for the first time. (as in, garage sales sell used stuff that's already been bought. That stuff doesn't count) It doesn't matter where we sell the stuff.
What part of speech is the word Domestic?
The word domestic is an adjective. It can also be a noun as another word for a maid or servant.
Why mountaint are important?
Mountains are important because they help to increase the GDP(Gross Domestic Product) of the country. They help in tourism and thus help in the growth of the economy. Tourism is a very big sector in the part of the governments economy.
How much money did Back to the Future Part II gross domestically?
Back to the Future Part II grossed $118,450,002 in the domestic market.
How much money did The Last Exorcism Part II gross domestically?
The Last Exorcism Part II grossed $15,179,303 in the domestic market.
How much money did Friday the 13th Part 3 gross domestically?
Friday the 13th Part 3 grossed $36,690,067 in the domestic market.
What is it called when your own boss?
When you are your own boss, you are self-employed, often working long hours, laying awake at night unable to switch off. But, running a small business is a vital part of a country's Gross domestic product (GDP).
How much money did Return of the Living Dead Part II gross domestically?
Return of the Living Dead Part II grossed $9,205,924 in the domestic market.
When you write an advertisement a part of speech word can help you?
chose the right words to describe the product
