it increases it (gdp)
GDP is a measure, a better question is what affects GDP. GDP is, specifically a measure of a country's production. A higher GDP signals growth, efficient production, it may affect policy decisions, it may affect Federal Reserve decisions (money supply and interest rate, target inflation rate etc.)
Consumers will spend less and save money in case future economic problems affect them; GDP will be reduced.
consumers will spend less and save money in case future economic problems affect them; GDP will be reduced
The more you invest in human capital the higher your GDP goes.
it increases it (gdp)
GDP is a measure, a better question is what affects GDP. GDP is, specifically a measure of a country's production. A higher GDP signals growth, efficient production, it may affect policy decisions, it may affect Federal Reserve decisions (money supply and interest rate, target inflation rate etc.)
AD is reduced and so is GDP
Consumers will spend less and save money in case future economic problems affect them; GDP will be reduced.
consumers will spend less and save money in case future economic problems affect them; GDP will be reduced
Brazil has the highest GDP in South America.
The more you invest in human capital the higher your GDP goes.
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.
Yes
when nu dontknw the ans....then how i can ans
It probably would affect GDP because people getting social security would have more money to spend so they would be able to buy more goods and services. Have a look at GDP in Wikipedia for more information.
the GDP does not affect the literacy rate. The literacy rate affects the GDP. normally the higher the literacy rate, the higher the GDP, but not always. Some countries can have a very high literacy rate, but not a high GDP. but most of the time the higher the literacy rate, the higher the GDP and standard of living.