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If you're measuring over the course of a year, and including only domestic sources of labour and materials, the answer is Gross National Product.
If you're measuring over the course of a year, and including all sources of labour and materials regardless of nation of origin, the answer is Gross Domestic Product.
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What is GPD in economics?
GDP stands for Gross Domestic Product. It's the sum of all goods and services produced in a country.
Gross national product of a country is sum of the market value of all goods and services product in a year?
plus export earnings
What is the meaning of actual GNP?
GNP or Gross National Product is the sum in dollars of all the worth of the goods and services produced by a country.
What is nett rate?
Net rate is the rate that is given after all discounts are subtracted from the total sum. It is the final amount the customer has to pay for the goods or services rendered to them.
How foreign exchange improves national income?
as national income is the sum of goods and services produced within a country and income from abroad. hence increase in foreign exchange will increase the national income.
What is GPD in economics?
GDP stands for Gross Domestic Product. It's the sum of all goods and services produced in a country.
Gross national product of a country is sum of the market value of all goods and services product in a year?
plus export earnings
What is the meaning of actual GNP?
GNP or Gross National Product is the sum in dollars of all the worth of the goods and services produced by a country.
What is an advance payment?
An advance payment is a part of a sum which is paid or received in advance for goods and services.
What is nett rate?
Net rate is the rate that is given after all discounts are subtracted from the total sum. It is the final amount the customer has to pay for the goods or services rendered to them.
What is the purpose of an invoice?
what is a sales invoice?A list of goods sent or services provided, stating the sum due for these; a bill.
What is the purpose of invoice?
what is a sales invoice?A list of goods sent or services provided, stating the sum due for these; a bill.
What do you mean by gross national product of the Philippines?
The gross national product of any country is the sum of the value of all goods and services produced in/by that country in the course of one year.
What was Mexico's GDP in 1998?
US$421.2 billion (nominal) or US$750.6 billion (PPP)A nation's GDP at Nominal exchange rates is the sum value of all goods and services produced in the country divided by the current exchange rate. It can be misleading, specially when important changes in the exchange rate happened along a year.PPP (purchasing power parity): A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
What was GDP for Mexico in 1999?
US$481.2 billion (nominal) or US$794.8 billion (PPP)A nation's GDP at Nominal exchange rates is the sum value of all goods and services produced in the country divided by the current exchange rate. It can be misleading, specially when important changes in the exchange rate happened along a year.PPP (purchasing power parity): A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
What is prime cost sum in construction?
The term "Prime Cost Sum" shall mean a sum provided for work or services to be executed by a Nominated Sub-contractor or for material s or goods to be obtained from a Nominated Supplier. Such sum shall be deemed to be exclusive of any profit or attendance required by the Contractor and provision shall be made for the additional thereof.
Define current account?
Current account is defined as the sum of the balance of trade, net current transfers, and net income from abroad. The balance of trade is services and goods exports less imports.
