answersLogoWhite

0


Best Answer

Gross domestic product (GDP).

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does GDP stand for in market economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What type of economy does US have?

ran by GDP- Gross Domestic product mixed market economymixed market economy


What type of economy does the U.S have?

ran by GDP- Gross Domestic product mixed market economymixed market economy


Which contributes more to GDP the production of a economy car or the production of a luxury car?

By definition GDP is the market value of produced goods and services provided in the economy usually in one year. So the production of a luxury car contributes more to GDP than the production of an economy car because the luxury car has a higher market value.


GDP is the total market value of what?

All final goods and services produced in an economy in a given year.


What country in the eastern mediterranean has the most diverse economy?

Israel is the Eastern Mediterranean country that has the most diversified economy. Israel has a market economy, and in 2014, its GDP was $286.840 billion.


In 2000 year the economy produced real GDP as a 100 and nominal GDP was 100 but in 2001 economy produced 110 so nominal is 110 what is the real GDP and why?

what is GDP in economy


Which contributes more GDP economy car or luxury car?

luxury cars cose it has more market value


Does Pakistan have a good economy?

The mixed economy is the name given to the economy of Pakistan. The economy of Pakistan is the 44th largest in the world in terms of the nominal GDP and the 26th largest in terms of the purchasing power parity.


Where India and Pakistan stand in world economy?

According to Nominal GDP sector composition, January 2005India -12Pak- 41-----------------------------According to GDP (nominal) 2009India -11Pak- 45


Where does Sarah Palin stand on economy issues?

she believes in a free market.


What is GDP at FC?

GDP fc is the gross domestic product at factor cost. the production cost for the overall goods and services produced with in an economy. GDP at factor cost = GDP at market price + net indirect taxes net indirect taxes = subsidies - indirect taxes


Which economy is the closest economy to us economy?

China. China's GDP is 13 trillion whereas the US' GDP is 18 trillion