0
What else can I help you with?
How do you use GDP in a sentence?
In a healthy economy we see a growth of the GDP.
What is the growth rate of GDP 2008?
The global GDP growth rate in real terms for 2008 is 3.2%. See related link for detailed breakdown.
Why do economics measure the gross domestic product?
Economists use real GDP per capita rather than simply real GDP. This is because population growth is an important variable (per capita), and so, real GDP per capita is the more accurate measurement of the GDP.
Why GDP figures are important for policy makers?
because it helps to see where the economy is heading
How can nominal GDP increase even though real GDP falls?
Primarily this happens because of increase in prices. Nominal GDP= GDP using current prices. Real GDP= GDP that takes prices changes into account. Let me give a very simple example, let's say: In year 1, the country produced 10 computers for 10 dollars each. So GDP for year 1= $100 In year 2, the country only produced 9 computers for 15 dollars each. So GDP for year 2 = $135 (9x15) In year 2,the nominal GDP has increased from $100 to $135. However, we measure real GDP using a base year, in this case year 1, so we use the price of year 1 to find the real GDP for year 2. Using prices of year 1 we have: 9 computers x $10 each = $90 of real GDP. Finally, you see that even nominal GDP for year 2 was $135, the real GDP was $90.
What relation ship do you see between GDP and area?
There is no direct relationship between GDP and area. GDP measures the economic output of a country, while area simply refers to the physical size of the land. Countries with different sizes can have similar or vastly different GDPs depending on various factors such as population, resources, and economic development.
What are the challenges most Mexicans face with the growing population?
The problem is not population itself; the issue Mexico faces is that economy is not growing as quickly as its population, resulting in poverty and lack of opportunities. As more people are born, they require more health services, education and infrastructure, but if the economy does not grow accordingly, fewer resources have to be distributed among more people, resulting in the problems described above. For example, Mexico's GDP had an annual growth of 1.4% between 1980 and 1990: 1980 GDP: US$194.36 billion 1990 GDP: US$222.98 billion While at the same time, it registered a population growth of more than 2.15% every year: 1980 population: 66.84 million 1990 population: 81.24 million If you divide Mexico's economic output between its population, yo have the GDP per capita, which is a simple way to see a country's wealth: 1980 GDP per capita: US$2,908 1990 GDP per capita: US$2,744 This means between 1980 and 1990, Mexican people on average became poorer.
How do you use GDP in a sentence?
In a healthy economy we see a growth of the GDP.
What similarities do you see between the graph of the reindeer population and your graph of the human population?
They both are increasing.
What are the advantages and disadvantages of representing a relationship between variables in a written report?
Advantages: you can see an exact number. Disadvantages: you cannot see the changes between intervals.
What is a relationship between a black hole and black dwarf?
See related questions and links
What is relationship between sample rate and bit depth?
Please see attached links.
What relationship do you see between apple and world?
They both have a core and they both have an outside shell.
What is the growth rate of GDP 2008?
The global GDP growth rate in real terms for 2008 is 3.2%. See related link for detailed breakdown.
What does non payment of rent have to do with felony auto theft?
Nothing. I see no relationship between the two.
What is the relationship between light and eyesight?
its has a realtionship because you can see light and eye sight can be attracted to it.
Relationship and differentiate between cad-cam and robotics?
the relationship between cad and cam is that one is called cad and the other is called cam ...... can't u see they both end differently
