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investing in machinery and technology

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Q: What actions would most likely lead to an increase in a country's gross domestic product?
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Related questions

What wouldn't increase gross domestic product?

A recession.


How quickly can an increase in government spending increase the gross domestic product?

6 months


What is Economic growth is a measure of the increase in?

the gross domestic product.


What lead to an increase in a country's gross domestic product?

investing in machinery and technology


The gross domestic product would increase significantly if occurred?

Consumption doubled.Consumptions doubled.


If the gross domestic product would increase significantly if what occurred?

Consumption doubled.Consumptions doubled.


What is meant by an 'increase in real GDP by 2 percent '?

GDP = gross domestic product


The gross domestic product would increase significantly if what would occurred?

Consumption doubled.Consumptions doubled.


The Gross Domestic Product goes down when which of the following occurs?

Imports increase faster than exports.


How do capital goods affect the GDP?

Investing in capital goods can increase productivity and / or workforce. These can affect the Gross Domestic Product if quality or number of products increase consequently.


Definition of per net state domestic product in India?

Net state Domestic Product = Gross Domestic Product(GDP) - Depreciation


What is the acronym for Gross Domestic Product?

The acronym for Gross Domestic Product is GDP.