Today, total goverment purchases represent about 18% of GDP.
drop in GDP
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.
Approximately 2.7% of our GDP.
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.
2006 : GDPの 5.20% 2010 : GDPの 7.20% 2016 : GDPの 10.40% (estimated)
At December 2010, the Belgian GDP was 471,11 billion $. Use Google (GDP BELGIUM) for up-to-date information.
idkyhur mom
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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.
6.5%
As of 2010, the GDP of Hawaii is $68,900,000,000.
Take in context the year of 2010, the prices of a certain product and the following 2 years are 2$, 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)...
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 $2,951,000,000,000. All figures from CIA World Factbook 2010 - GDP estimate expressed as PPP
In 2010, it is 5.7% and in 2009 it was 1.5%
its nearly 7.6% as per 2010
It's GDP in 2010 was US$ 4.644 billion