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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)
A higher literacy rate can positively impact GDP by improving workforce productivity, promoting innovation and technology adoption, and fostering a more educated and skilled labor force. Literate populations are more likely to engage in higher-value economic activities, contribute to economic growth, and attract investment. Overall, higher literacy rates are associated with greater economic development and prosperity.
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.
The more you invest in human capital the higher your GDP goes.
Brazil
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.
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.
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Yes