Estimating the level of output for the target year, Microeconomics

MRP Technique - Estimating the Level of Output for the Target Year

Taking into account several parameters of economic growth such as past trends, present as well as proposed investments at the macro-level, population pressures, etc. the desired target of economic growth in terms of GDP per capita for a given year in future will be set.

The GDP per capita of the accounting year will be taken as base year. The year for which a desired GDP is targetted is the target year. Increases in output required to fill up the gap will be computed taking into consideration the growth rate of population.

Posted Date: 12/17/2012 5:52:33 AM | Location : United States







Related Discussions:- Estimating the level of output for the target year, Assignment Help, Ask Question on Estimating the level of output for the target year, Get Answer, Expert's Help, Estimating the level of output for the target year Discussions

Write discussion on Estimating the level of output for the target year
Your posts are moderated
Related Questions
My current car gets 10 miles to the gallon and no resale value, but it will last 5 years for sure. I can always buy a new car for 8000 dollars that gets 20 miles to the gallon. A g

Ask question #Minimum 1 00 words accepted#

Surplus: Anysector or agent in economy (business, householdor government) experiences a surplus when its income surpasses its expenditure. Surplus, Economic: For the economy

Ali Pizza’s production function is shown in the table above. Ali currently operates Plant2. He hires workers at a wage rate of $50 a day and his total fixed cost is $150. a) Calcul

POLICIES FOR SOCIAL  INFRASTRUCTURE DEVELOPMENT: The origin of official policies for social infrastructure development is the National Policy of Education, 1986 for the develo

Economic instruments Financial rewards, incentives and penalties that operate automatically via market forces, to encourage beneficial behavior.

what happen when a new resources has been discovered for computer

GOOD GOVERNANCE TO ENSURE IMPLEMENTATION OF ECONOMIC POLICY:  Government is very sensitive to the expectation of the people and sincere efforts in this direction have already

WHAT ARE THE COMPONENT OF ECONOMICS

Volumes (mL) of Solution 0.20M 0.20M 0.010M 2% 0.20M 0.20M NaI NaCl Na2S2O3 Starch K2SO4 K2S2O8 ?2ml 2ml 2ml 1ml 2ml 2ml ?2ml 2ml 2ml 1ml 0ml 2ml ?4ml 0ml 2ml 1ml 2ml 2ml Time Exp