GDP is purchases from consumers, investments and purchases from businesses, government spending, and net exports, and most of GDP comes from consumer spending. Americans have a lot of money compared to the rest of the world, so we spend a lot of money.
investment is part of output, so if we have a low investment, we will have a lower GDP holding all other factors constant.
This is because India is still a developing country.
GDP (Gross Domestic Product) is the total dollar amount of all goods and services produced. The growth rate is the percentage increase or decrease of GDP from the previous measurement cycle. Even though the BEA reports quarterly, the growth rate is annualized so it can be compared to the previous year.
what is GDP in economy
Matters how big the country is, but the US GDP is about 15 trillion, so 85 billion is much, much smaller, Bill Gates at one point was worth 50 billion, so it is a relatively low number for GDP.
Because of China's secrecy and the unreliability of the figures they publish, it is very difficult to tell how much bigger the GDP of the US is compared to China. Even so, experts estimate that there isn't much difference between both countries and China will have a larger GDP than the US by 2017.
GDP is purchases from consumers, investments and purchases from businesses, government spending, and net exports, and most of GDP comes from consumer spending. Americans have a lot of money compared to the rest of the world, so we spend a lot of money.
investment is part of output, so if we have a low investment, we will have a lower GDP holding all other factors constant.
Because the the GDP is very modest.Because the GDP per capita is very low and the economy was destroyed after 1990 by the so called "democrats".
This is because India is still a developing country.
GDP (Gross Domestic Product) is the total dollar amount of all goods and services produced. The growth rate is the percentage increase or decrease of GDP from the previous measurement cycle. Even though the BEA reports quarterly, the growth rate is annualized so it can be compared to the previous year.
what is GDP in economy
In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.In 1970 the voting system was very different, so points totals were low compared to the modern totals. Dana won it with 32 points.
Sirius B is a white dwarf. So it is low mass compared to other stellar remnants.
lard,flubber,blubber and cow muciss What are Brazils major exports
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.