it is that the human capital is one thing and the gdp is another thing.
what is the relationship between GDP and human capital
NMR, Nuclear Magnetic Resonance, is the scientific technique which makes possible the MRI machine, Magnetic Resonance Imaging. GDP, Gross Domestic Product, measures the total economic productivity of a nation in a given year. The relationship between these two items would be that only a nation with a healthy GDP would be able to afford to use the expensive MRI device in its hospitals.
Well we know that oil prices are a major cost for firms and consumers. When oil prices increase consumption and investment will fall, leading to a fall productivity and in aggregate demand, which we all know is equivalent to GDP.... right?
Their GDP is $5.428 billion. GDP stands for Gross Domestic Product. GDP is the measure of an economy (adopted by the United States in 1991); the total market values of goods and services produced by workers and capital within a nation's borders during a given period.
Helsinki's GDP for 2008 is an estimated $58 billion.
China's GDP is $11.29 trillion (2011 est.) India's GDP is $4.463 trillion ( 2011 est.) Therefore no. India have a lower GDP than China. kingboy190 :)
teeth
they both have the same influential factors
How does human capital influence a country's GDP positively
The more you invest in human capital the higher your GDP goes.
How does human capital influence a country's GDP positively
how do capital and human capital increase the gdp wealth and income of nations
they both have the same influential factors
it increases it (gdp)
how do capital and human capital increase the gdp wealth and income of nations
To improve there GDP
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There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.