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The Gross Domestic Product goes down when which of the following occurs?

Imports increase faster than exports.


Umeployement increase when real GDP increases or real GDP decreases or output increases?

Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.


What is the Philippine GNP and GDP at present?

The Philippine Gross Domestic Product (GDP) in the third quarter of 2008 slowed down to 4.6 percent from 7.1 percent in the same period last year. The Gross National Product (GNP) grew by only 6.5 percent compared to 9.1 percent growth experienced in the third quarter of 2007.


The gross domestic product goes down when which occurs?

The gross domestic product (GDP) declines when there is a decrease in consumer spending, business investment, government expenditure, or net exports. Economic downturns, such as recessions, can lead to lower demand for goods and services, resulting in reduced production and income. Additionally, factors like high unemployment, reduced consumer confidence, or external shocks (e.g., natural disasters or geopolitical tensions) can also negatively impact GDP.


What is the importance of GNP?

At one time the GNP or Gross National Product was the primary method to measure the size of a nations economy. Broken down to plain speaking terms the GNP was the dollar value and or amount of all goods and services an economy produced in the course of 12 months. Currently the GDP or gross domestic product per capita is more often used, but the question is answered for GNP.

Related Questions

The Gross Domestic Product goes down when which of the following occurs?

Imports increase faster than exports.


How much money did Down to You gross domestically?

Down to You grossed $20,035,310 in the domestic market.


Umeployement increase when real GDP increases or real GDP decreases or output increases?

Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.


What is the Philippine GNP and GDP at present?

The Philippine Gross Domestic Product (GDP) in the third quarter of 2008 slowed down to 4.6 percent from 7.1 percent in the same period last year. The Gross National Product (GNP) grew by only 6.5 percent compared to 9.1 percent growth experienced in the third quarter of 2007.


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Down for Life grossed $41,914 in the domestic market.


How much money did Down Terrace gross domestically?

Down Terrace grossed $9,812 in the domestic market.


How much money did On the Down Low gross domestically?

On the Down Low grossed $1,987 in the domestic market.


How much money did Down to Earth gross domestically?

Down to Earth grossed $64,172,251 in the domestic market.


How much money did Dead Man Down gross domestically?

Dead Man Down grossed $10,895,295 in the domestic market.


How much money did Won't Back Down gross domestically?

Won't Back Down grossed $5,310,554 in the domestic market.


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Igby Goes Down grossed $4,777,465 in the domestic market.


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Bringing Down the House grossed $132,675,402 in the domestic market.