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Under what condition does a country with a small GDP have a large per capita income?
When it has a small population.
What is the value of 10 GDP in dollars?
The value of 10 GDP in dollars depends on the specific country's GDP you are referring to, as GDP varies significantly between nations. For example, if the GDP of a country is $1 trillion, then 10 GDP would equal $10 trillion. To provide an accurate answer, you'd need to specify which country's GDP you are referencing.
What is GDP par capita?
The GDP (gross domestic product) of a country divided by that country's population.
Per capita GDP will rise if GDP?
if GDP grows faster than the population of a country, the per capita GDP will rise
How does real GDP affect unemployment rate?
Real GDP is a measure of the economic output of a country. The absolute measure only tells you what that output was for a particular period. The more important measure for employment is the difference between real GDP and a theoretical real GDP which economists use to calculate the maximum output of an economy. When the gap between real GDP and maximum output GDP is large, the unemployment rate will be large and vice versa.
Can GDP be zero and if so what does that mean for the country with a zero GDP?
The GDP of a country - or even a large community - cannot be zero. Zero GDP implies that there is no output (goods or services), nobody spends anything (on things from inventories or imports), nobody earns anything.
Under what condition does a country with a small GDP have a large per capita income?
When it has a small population.
What is a country's GDP?
A country's GDP is the market-valued sum of all its economic activity.
What is GDP par capita?
The GDP (gross domestic product) of a country divided by that country's population.
How does human capital influence a country GDP?
How does human capital influence a country's GDP positively
What is the richest country in the Europe?
The richest country in Europe is Germany by GDP, Liechtenstein by GDP per capita.
How does human capital influence a country's GDP positively?
How does human capital influence a country's GDP positively
Per capita GDP will rise if GDP?
if GDP grows faster than the population of a country, the per capita GDP will rise
What is IT industry contribution in India's GDP?
In 2012 its about 7.5% of the country's GDP
How does real GDP affect unemployment rate?
Real GDP is a measure of the economic output of a country. The absolute measure only tells you what that output was for a particular period. The more important measure for employment is the difference between real GDP and a theoretical real GDP which economists use to calculate the maximum output of an economy. When the gap between real GDP and maximum output GDP is large, the unemployment rate will be large and vice versa.
Which is the pourest country in the word?
The poorest country in the world is currently South Sudan, with a large portion of its population living below the poverty line. Factors such as ongoing conflict and underdeveloped infrastructure contribute to the country's economic challenges.
What is included in GDP and what is excluded from GDP?
GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.
