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What is the difference between GNP at market price and GNP at curent price?
No difference. Both are the same.
What is the difference between GNP at market price and GNP at factor cost?
GNP at factor cost refers to income which the factors of production receive in return for their service alone. GNP at FC = GNP at Market Price - Net Indirect Taxes + Subsidies
What is the relationship between gross domestic and human development index?
gnp is married to human development
What is gnp deFlator?
The ratio of a country's nominal GNP to its real GNP, expressed as a percentage. It measures the percentage increase or decrease in the price of products and services by comparing the current GNP to a base period. By:- MAHMOOD KHAN LAHWOON, ZHOB
A measurement that shows how the average price of a standard group of goods changes over time is referred to as the .?
Price Index
What is the difference between GNP at current price and GNP at constant price?
it is the same
What is the difference between GNP at market price and GNP at current price?
No difference. Both are the same.
What is the difference between GNP at market price and GNP at curent price?
No difference. Both are the same.
What is the difference between GNP at market price and GNP at factor cost?
GNP at factor cost refers to income which the factors of production receive in return for their service alone. GNP at FC = GNP at Market Price - Net Indirect Taxes + Subsidies
What is the relationship between gross domestic and human development index?
gnp is married to human development
What is gnp deFlator?
The ratio of a country's nominal GNP to its real GNP, expressed as a percentage. It measures the percentage increase or decrease in the price of products and services by comparing the current GNP to a base period. By:- MAHMOOD KHAN LAHWOON, ZHOB
A measurement that shows how the average price of a standard group of goods changes over time is referred to as the .?
Price Index
What index measures price changes received by domestic producers for their output?
producer price index
If the price index in period 3 is 125 and the price index in period 4 is 140 the rate of inflation between period 3 and 4 is?
Final price index = 140 Initial price index = 125 Therefore, difference in price index between period 3 and 4 is : 140 - 125 = 15 Lastly, 15/125 * 100 = 12%
What indicator does the government use to measure inflation?
Consumer Price Index (CPI)
If the price index is 225 what does it mean?
If the price index is $225 that means that the item or items in question averages about $225 for price. This can measure one item or a group of items. Price index is the average cost on the market for items.
What does the typical family have to do when the consumer price index rises?
When the consumer price index rises the typical family has to spend more money. The price index will directly affect the cost of living for a family.
