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Main factors which can affect a country's gross domestic product are how the economy is runnning - if it's at a peak or in recession, and what price is put on a country's resources. If a country has a limited resource and put up the price and sells it all off, it's GDP will be higher, whereas if the country does not export anything, it's GDP will be lower.
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What are the factors that affect experemnt?
variables
What factors affect colloids?
Factors that affect colloids include particle size, particle charge, temperature, and presence of electrolytes. These factors influence the stability and behavior of colloidal systems.
What are the density independent and dependent factors that affect sea turtles?
affect turtles
What are the 5 factors that affect nail growth?
The weather, the age, the gender and nail biting are some of the factors that affect the growth of the nail plate.
What are the factors that affect work?
w= dt
What are the factors that affect GDP of Pakistan?
when nu dontknw the ans....then how i can ans
What factors affect falls in Indian money value?
The most influential factors are:The increased demand of dollarSlowdown in GDP growthInflation
How does investing in human capital affect GDP?
it increases it (gdp)
What does GDP affect?
GDP is a measure, a better question is what affects GDP. GDP is, specifically a measure of a country's production. A higher GDP signals growth, efficient production, it may affect policy decisions, it may affect Federal Reserve decisions (money supply and interest rate, target inflation rate etc.)
What factors determine potential GDP?
Factors that affect GDP are: Consumption Investment Government Net exports (imports-exports) Y being GDP, we have: Y=C+I+G+NX Any change in one of these factors will increase or decrease the GDP.
What are macroeconomic factors?
Macroeconomic factors are the factors which affect the wider economy. In other words these factors seems to summarize the picture of economy. For example, unemployment, inflation rates, GDP etc. All these tell us about the story of whole economy.
How would a stock market crash affect aggregate demand and GDP?
AD is reduced and so is GDP
How to calculate the GDP growth rate and what factors are considered in determining it?
To calculate the GDP growth rate, you subtract the previous period's GDP from the current period's GDP, divide by the previous period's GDP, and multiply by 100. Factors considered in determining GDP growth rate include changes in consumer spending, business investment, government spending, and net exports.
What relationship does the aggregate demand curve show between the quantity of real GDP demanded and other economic factors?
The aggregate demand curve shows the relationship between the quantity of real GDP demanded and factors like price levels, interest rates, and government spending. It illustrates how changes in these factors can affect the overall demand for goods and services in the economy.
How do fears of future economic problems affect GDP?
Consumers will spend less and save money in case future economic problems affect them; GDP will be reduced.
How do fears of future economic problems affect the GDP?
consumers will spend less and save money in case future economic problems affect them; GDP will be reduced
What economic factors are excluded from the calculation of GDP?
Some economic factors excluded from GDP calculation include non-market transactions, underground economy activities, and environmental impacts.
