The reduction of GDP usually leads to job loses and a drop in the growth of economy. It also leads to more imports than the exports.
YES
Imports increase faster than exports
It can if your population increases faster than your GDP. Imagine if you have a 6% growth in GDP but a 10% growth in population => a reduction of 4% in GDP per capita.
The reduction in the money supply increases the price level, causes deflation, and may increase or decrease the GDP depending on the level of rational expectations.
North Korea has almost no functional production, be it agricultural or industrial. It has no service industry. As a result, its GDP is practically nothing.
The reduction of GDP usually leads to job loses and a drop in the growth of economy. It also leads to more imports than the exports.
The reduction of GDP usually leads to job loses and a drop in the growth of economy. It also leads to more imports than the exports.
YES
Imports increase faster than exports
It can if your population increases faster than your GDP. Imagine if you have a 6% growth in GDP but a 10% growth in population => a reduction of 4% in GDP per capita.
Greater levels of investment
The reduction in the money supply increases the price level, causes deflation, and may increase or decrease the GDP depending on the level of rational expectations.
North Korea has almost no functional production, be it agricultural or industrial. It has no service industry. As a result, its GDP is practically nothing.
Earthquake hazard reduction act
A beta reduction is an act of beta reducing, an instance of replacing a function call by the result of calling a function.
Atrophy is progressive weakening and size reduction of muscle tissue which is usually the result of disease or disuse.
It is unclear the affect the bailout will have on GDP and unemployment. GDP growth has the biggest impact on employment so how the economy responds to the bailout is the critical factor, If credit markets loosen up and credit begins to flow again it will have a very positive impact on GDP growth. In that instance the impact of the bailout will be a reduction in unemployment.