What do you mean by gross domestic product, Macroeconomics

Assignment Help:

What do you mean by Gross Domestic Product?

Gross Domestic Product (GDP):

It measures the value of economic activity which is output produced, into the geographical boundaries of a country in a specified period of time, generally one year. Gross Domestic Product involves the value of products made in this country through overseas-owned business.


Related Discussions:- What do you mean by gross domestic product

Explain herzbergs factor theory of motivation, Question 1: "Motivation ...

Question 1: "Motivation denotes to the degree of readiness of an organism to pursue some designated goal and implies the evaluation of the nature and locus of the forces, inclu

Two evils of monopoly, A government purchase real GDP. Are increases in gov...

A government purchase real GDP. Are increases in government purchases associated with increases in real GDP?Describe the important characteristics of perfect competition and monopo

International Trade, How can an economy achieve mutual gain from Internatio...

How can an economy achieve mutual gain from International Trade?

The government - rest of the world and the financial markets, The Governmen...

The Government, Rest of the World and the financial markets total expenditure of government can be divided into two parts: transfers to private sector and consumption.

A spiral approach and a waterfall approach, What is the difference in chang...

What is the difference in changing the scope between a spiral approach and a waterfall approach? Ans) The scope of needs changes in Waterfall model is less than that in Spiral M

What is gross national product, What is Gross National Product? Gross...

What is Gross National Product? Gross National Product (GNP): It measures the value of output produced through a country is citizens anywhere within the world, in a speci

How can an economic development be measured, How can an economic developmen...

How can an economic development be measured? The UN has developed an extensively accepted set of indices to measure development in opposition to a mix of composite (element or

Factors of production, What are the 4 scarce, factors of production and wha...

What are the 4 scarce, factors of production and what is a description of each of them. What are the costs to these resources?

Probability that the stocks return, Suppose that an individual stock's retu...

Suppose that an individual stock's return is normally distributed with a mean of 11% and a standard deviation of 5%. What is the probability that the stock's return will be less th

Uniform series of payments, Your project has an estimated cost for land rec...

Your project has an estimated cost for land reclamation to be realized at the end of 20 years from today for $70,000,000. If current bond long-term interest rates are 7% compounded

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd