0
about 2.0 trillion dollars!:))
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What percentage of GDP is accounted for by total government purchases?
Today, total goverment purchases represent about 18% of GDP.
What was a characteristic of economic panics in the early?
drop in GDP
What is 18.23 trillion yuan in American dollars?
roughly $2.26 trillion in American money. The US GDP was $12.2 trillion in 2005, and the current GDP is about $14.5 Trillion.
How much does welfare cost America?
Approximately 2.7% of our GDP.
How will the government policy of increasing federal state or local taxes could eventually lower inflation?
if inflation is increasing that means the economy is over producing and that the economy has an inflationary gap which means the equilibrium GDP(where total spending is equal to total production) is greater then potential GDP(full employment GDP). Increasing taxes will reduce the disposable income that consumer have which will then reduce consumer expenditure(which is one of the components of GDP or aggregate demand). This will lower the equilibrium GDP to be the same as potential GDP and will lower the equilibrium for the supply and demand graph for the entire economy to a lower price level reducing price levels. Reducing government spending or decreasing transfer payments will have the same affect on the economy.
What is the contribution of automobile industries in GDP of INDIA?
2006 : GDPの　5.20% 2010 : GDPの　7.20% 2016 : GDPの　10.40% （estimated)
What is Belgium GDP?
At December 2010, the Belgian GDP was 471,11 billion $. Use Google (GDP BELGIUM) for up-to-date information.
What was Brazil's GDP in 2010?
idkyhur mom
What was the GDP per capita in Liberia in 2010?
219
What percentage of US GDP is derived from tourism?
It appears that travel and tourism directly contributed to 2.5% of the US GDP in 2010. Travel and tourism indirectly contributed to 8.9% of US GDP in 2010. This is significantly lower than the world average.
What is the Contribution in the GDP of India from real estate industry in 2010?
6.5%
What is the gross domestic product of Hawaii?
As of 2010, the GDP of Hawaii is $68,900,000,000.
Which countries have the largest economies in the world?
With a GDP (PPP) of $14,720,000,000,000 USD, the United States is the largest economy. The US is followed by China (#2) with a GDP of $ 9,872,000,000,000; Japan (#3) with a GDP of $ 4,338,000,000,000; and India (#4) with a GDP of $4,046,000,000,000; and Germany with a GDP of $2,951,000,000,000. All figures from CIA World Factbook 2010 - GDP estimate expressed as PPP
What is the difference between nominal GDP and real GDP?
Take in context the year of 2010, the prices of a certain product and the following 2 years are 2$, 3$, 4$The real GDP is calculated by price of the base year(constant value) multiply to the quantity sold in that year:-2010: 2$*Quantity(2010)-2011: 2$*Quantity(2011)-2012: 2$*Quantity(2012)Nominal GDP uses the current price instead of the price of the base year:-2010: 2$*Quantity(2010)-2011: 3$*Quantity(2011)...
Contribution of Indian telecom industry to GDP?
In 2010, it is 5.7% and in 2009 it was 1.5%
How much is Zimbabwe worth?
It's GDP in 2010 was US$ 4.644 billion
What is the contribution to GDP in insurance sector in India?
its nearly 7.6% as per 2010
