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What is meant by an 'increase in real GDP by 2 percent '?
GDP = gross domestic product
What is meant by GDP?
Gross Domestic Product.It is the measure of economy of a country G.D.P=CONSUMPTION+INVESTMENT+GOVT SPENDING+(EXPORTS-IMPORTS)
What is meant by Gross National Product of a country?
The Gross National Product of a country is taking all the value of all services and products produces in an yearsÕ time, then minus the cost of material and labor to determine the financial worth of a countries economy.
What is meant by domestic business environment?
"Domestic" refers to business within a company's home country.
What is meant by national income in monetary term?
National income in monetary terms refers to the total value of all goods and services produced within a country's borders over a specific period, typically measured annually. It includes various components such as wages, profits, rents, and taxes minus subsidies. This metric serves as an indicator of a nation's economic performance and overall economic health, reflecting the income earned by residents and businesses. National income can be expressed in several ways, including Gross Domestic Product (GDP), Gross National Product (GNP), and Net National Income (NNI).
What is meant by an 'increase in real GDP by 2 percent '?
GDP = gross domestic product
What is meant by GDP?
Gross Domestic Product.It is the measure of economy of a country G.D.P=CONSUMPTION+INVESTMENT+GOVT SPENDING+(EXPORTS-IMPORTS)
What is meant by 'agricultural gross domestic products'?
The total value of agricultural goods produced domestically (within a certain area or country).
What is meant by Gross National Product of a country?
The Gross National Product of a country is taking all the value of all services and products produces in an yearsÕ time, then minus the cost of material and labor to determine the financial worth of a countries economy.
What is meant by NFIA in Philippines?
Net Factor Income from Abroad (NFIA) refers to the net flow of property income to and from the rest of the world (net payments on income) plus the net flow of compensation of employees (net receipts on compensation). The NFIA is added to the Gross Domestic Product (GDP) to come up with the Gross National Product (GNP).Source: http://www.nscb.gov.ph/statseries/03/ss-200307-es2-01.asp
What is meant by product defferentiation?
product defferentiation
What is meant by market-led product-led new product development?
what is meant by product led and market led new product developmrnt approaches?
What is meant by domestic business environment?
"Domestic" refers to business within a company's home country.
What is meant by traditional and non- traditional products?
the product which is made keep in mind according to the local needs of people more based on domestic purpose is known as traditional product. the product which is made keep in mind the needs of different levels people of different countries, which is more based on internationally .
What is meant by traditional and non traditional products?
the product which is made keep in mind according to the local needs of people more based on domestic purpose is known as traditional product. the product which is made keep in mind the needs of different levels people of different countries, which is more based on internationally .
What is meant by national income in monetary term?
National income in monetary terms refers to the total value of all goods and services produced within a country's borders over a specific period, typically measured annually. It includes various components such as wages, profits, rents, and taxes minus subsidies. This metric serves as an indicator of a nation's economic performance and overall economic health, reflecting the income earned by residents and businesses. National income can be expressed in several ways, including Gross Domestic Product (GDP), Gross National Product (GNP), and Net National Income (NNI).
The domestic system meant that workers were paid by?
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