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Gross National Product (GNP) is a measure of a country's economic performance.
economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.
Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.
main advantages of national income:- 1:Study of All important sectors & Industries 2:An important fact for measuring economic development of Develop countries 3:Analysis of different sectors
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.
It isn't important.
Gross National Product (GNP) is a measure of a country's economic performance.
economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.
Macroeconomics is concerned about overall performance of the economy.Deals with the economic behaviour of aggregates national income, output, overall price and unemployment.
Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.
National Cricket Performance Centre was created in 2003.
National Bureau of Economic Research was created in 1920.
National Institute Economic Review was created in 1959.
Absolutely, unemployment plays a critical role in national economics. It affects the economy as much, or more, than any other element in the economic formulae
What did supporters believe a national bank would help to boost the economy of US. They believed that this would be done through the regulation policies that would be set up for the private banks.
main advantages of national income:- 1:Study of All important sectors & Industries 2:An important fact for measuring economic development of Develop countries 3:Analysis of different sectors
The national bank because it made the economy more stable. Ms.Pattersons class :)