There are two types of GDP.such as 1)Potential GDP,2) Nominal GDP
GDP (Gross Domestic Product)
United states and china United States GDP $14,580,000,000,000 China GDP $7,800,000,000,000
It is 100*(New GDP/Old GDP - 1).Clearly, it is not possible to give a numeric answer because the question gives no indication as to the country whose GDP is being measured, nor the two periods between which the comparison is to be made.
define law of demand.explain it with the help of schedule and digram. also write its assumption and limitation
There are two types of GDP.such as 1)Potential GDP,2) Nominal GDP
There is no limitation. If you have two odd numbers, you can ALWAYS add them.
GDP (Gross Domestic Product)
GDP Decreases and Debt Increases
debt increases and GDP decreases.
You should use GDP per capita when comparing countries GDPs
it only has two cores
The debt can be repaid, or the GDP can grow faster than the debt.
By nominal GDP: U.S. and China. By PPP GDP: U.S. and China.
United states and china United States GDP $14,580,000,000,000 China GDP $7,800,000,000,000
Basic ASCII does not have enough bits to deal with languages with large character sets.
Components that determine the U.S. GDP are : Consumption, the amount that consumers pay for goods; Investment, the amount of money spent on new production facilities, that is, plants and facilities; Services