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A recession.

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Hallie Gutmann

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3y ago

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What is a country's GDP?

A country's GDP is the market-valued sum of all its economic activity.


What is the value of 10 GDP in dollars?

The value of 10 GDP in dollars depends on the specific country's GDP you are referring to, as GDP varies significantly between nations. For example, if the GDP of a country is $1 trillion, then 10 GDP would equal $10 trillion. To provide an accurate answer, you'd need to specify which country's GDP you are referencing.


What is GDP par capita?

The GDP (gross domestic product) of a country divided by that country's population.


How does human capital influence a country GDP?

How does human capital influence a country's GDP positively


What is the richest country in the Europe?

The richest country in Europe is Germany by GDP, Liechtenstein by GDP per capita.


How does human capital influence a country's GDP positively?

How does human capital influence a country's GDP positively


Per capita GDP will rise if GDP?

if GDP grows faster than the population of a country, the per capita GDP will rise


What is IT industry contribution in India's GDP?

In 2012 its about 7.5% of the country's GDP


What is included in GDP and what is excluded from GDP?

GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.


What is the GDP?

GDP - Gross Domestic Product GDP is a measure of the wealth of a country. It is worked out by dividing the total of the money by what a country gains from the production of goods and services by it's population. GDP is measured in US Dollars - $


What is GDP per capita used to measure?

The GDP per capita is used to measure a country's standard of living. It is calculated by dividing the country's GDP by its population, which better allows comparison of GDP between countries.


Why is Britain a Most Economically Developed Country?

because the GDP for the country is high, the GDP stands for Gross Domestic Product, this is just a fancy way of saying how much money the country produces. GDP percapita is another way of saying the GDP but for one person. The higher the GDP the wealthier the country so England obviously has a high GDP. But don't be fooled knowing the GDP does not tell you how developed the country is England is a developed country because of things like adult literacy, life expantacy at birth, the amount of people working etc. Hope it helped