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What are the advantages to using GDP?
The advantages of using GDP include the measurement of total domestic consumption. Total domestic investment expenditures and net exports are also clearly measured with the use of GDP.
Advantages and disadvantage of using the GDP as a measure of productivity and economic health?
The advantages of using GDP as a measure of productivity and economic health is that GDP is universal and can be used to measure an economy's growth or decline. The disadvantage of using GDP as a measure of productivity and economic health is that it does not effectively measure the quality of products.
Why is it desirable for a country to have a large GDP?
A large GDP indicates a higher revenue and increased production. Such GDP will boost or improve government expenditure and perhaps reduce taxation. Also in a well organized society or state, a large GDP can enhance economic activities resulting to growth.
Is having a high GDP good or bad?
Good
What are Brazil's advantages of economic systems?
It is a free market and Brazil has the 6th largest GDP in the world.
What are the advantages to using GDP?
The advantages of using GDP include the measurement of total domestic consumption. Total domestic investment expenditures and net exports are also clearly measured with the use of GDP.
Advantages and disadvantage of using the GDP as a measure of productivity and economic health?
The advantages of using GDP as a measure of productivity and economic health is that GDP is universal and can be used to measure an economy's growth or decline. The disadvantage of using GDP as a measure of productivity and economic health is that it does not effectively measure the quality of products.
Why is it desirable for a country to have a large GDP?
A large GDP indicates a higher revenue and increased production. Such GDP will boost or improve government expenditure and perhaps reduce taxation. Also in a well organized society or state, a large GDP can enhance economic activities resulting to growth.
Is having a high GDP good or bad?
Good
What is the gnp of Albania?
GDP (purchasing power parity):$20.87 billionnote: Albania has a large gray economy that may be as large as 50% of official GDP (2007 est.)
What are the advantages of having events in a company?
what are the advantages of having events in a company
What are Brazil's advantages of economic systems?
It is a free market and Brazil has the 6th largest GDP in the world.
What are the advantages of having a jacuzzi shower?
There are many advantages to having a jacuzzi shower. Some advantages of having a jacuzzi shower is having the opportunity to feel relaxed and having the opportunity to entertain guests.
What advantages are there of having an entertainment projector at home?
Some advantages to having an entertainment projector at home include having a theater size screen at an affordable price and being able to save on space which would be taken up by a large TV. You can purchase projectors online at the Amazon website.
A large negative GDP gap implies?
high rae of unemployment
What are some advantages to having a LCD on camera?
Advantages include having it at a birthday party!
What are advantages to having a large land?
MORE LAND you can put more stuff in your land like basketball court patio driveway
