What is the gross domestic product of norway, Microeconomics

Norway is one of the world's most urbanized nations and is home to one of the most superior economies in the world. The country's overall GDP is quite high considering the nation's small population. Its GDP per capita is higher than that of the United States, ranked second in both nominal and PPP figures.


Its GDP figures in 2005 were as follows:

1) Nominal GDP: $296 billion (25th rank)

2) GDP PPP was $195 billion (42nd rank)

3) Nominal GDP per capita: $64,000 (2nd rank)

4) GDP PPP per capita: $42,000 (2nd rank)

 

Posted Date: 4/1/2013 3:08:05 AM | Location : United States







Related Discussions:- What is the gross domestic product of norway, Assignment Help, Ask Question on What is the gross domestic product of norway, Get Answer, Expert's Help, What is the gross domestic product of norway Discussions

Write discussion on What is the gross domestic product of norway
Your posts are moderated
Related Questions
Briefly discuss the components of macroeconomics system with suitable explanation

Suppose one were asked to recommend a price for the output of a proposed downtown parking garage, so that the project would have as large a Net Present Value as possible.  In this

At a market price of $21 a toy, what quantity does the firm produce in the short run and does the firm make a positive economic profit, a zero economic profit, or an economic loss?

How the inflation effect on the Import and Export of the country?  When general price level enhances in an economy, local currency is devalued. Economy has to spend more on imp


Energies of the diametric molecules of a gas, chemistry assignments The analysis basis for treating these different types of motion can be seen by describing the motion of a di

Special Drawing Rights: SDRs are entitlement granted to member countries enabling them to draw from the IMF apart from their quota. It is similar to a bank granting a credit l

Ask qdescribe average and marginal revenue under imperfect competitionuestion

I need someone to solve my assignment

what is the basis of marginal utility