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gdp to grow over time

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Q: What are the problems of measuring GDP?
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What are the three statistics for measuring macroeconomic health?

real GDP inflation unemployment


How are final goods and services valued when measuring nominal GDP?

market value


How do fears of future economic problems affect GDP?

Consumers will spend less and save money in case future economic problems affect them; GDP will be reduced.


How do fears of future economic problems affect the GDP?

consumers will spend less and save money in case future economic problems affect them; GDP will be reduced


Is accumulation of inventories by firms is included in measuring GDP?

no....i think the change in inventory is included but not accumulation..


Gross domestic product GDP measures and reports output?

Gross domestic product GDP measures and reports output in the local currency. This is one of the ways of measuring the economy of a country.


Why the expenditure and factor income approaches for measuring GDP yield the same results?

Because what goes in must come out.....


Why do CPI and chain index for GDP overstate actual change in cost of living?

Because of the difficulty in measuring quality improvements.


What is GD PI?

If the question refers to GDP(I), it is a measure of national output (Gross Domestic Product). There are basically three ways of measuring it - Output, Expenditure and Income - the last of which gives GDP(I). In theory, all three measures should agree but in practise they don't. If the question did not refer to GDP(I), then apologies.


Has Estonia ever had any money problems?

Yes. Estonia is currently dealing with economic problems as the country has a debt equal to that of its GDP.


How industrial sector effects GDP of India?

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What is a capita?

The word capita means for each head or by heads. This is a term that is commonly used in measuring GDP using per capita income.