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Gross domestic product or GDP generally is defined as the market value of the goods and services produced by a country and is calculated per quarter. One method of calculating is summing up all expenditures in the country and is known as the expenditure approach.

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10y ago

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What is the approximate annual value of construction and how does this compare to the gross domestic product?

The approximate annual value of construction globally is estimated to be around $10 trillion, which represents a significant segment of the global economy. In comparison, the world's gross domestic product (GDP) is approximately $94 trillion. This means that construction contributes roughly 10% to the global GDP, highlighting its crucial role in economic development and infrastructure growth.


What is gross thrust in a turbine engine verses net thrust?

Hi there, Gross thrust is the reaction of the momentum of the jet stream produced in a gas turbine engine.If you don't know net thrust,let me tell you.Net thrust is the resultant force acting on the aircraft.Net thrust=Gross thrust-Momentum(Intake)Drag.Don't go deep in momentum drag.When the aircraft with turbine engine,is moving...Gross Thrust is more than net thrust.and when the engine is at the rest,gross thrust=net thrust.Hope you got the answer.....Good luck in your future. Hi there, Gross thrust is the reaction of the momentum of the jet stream produced in a gas turbine engine.If you don't know net thrust,let me tell you.Net thrust is the resultant force acting on the aircraft.Net thrust=Gross thrust-Momentum(Intake)Drag.Don't go deep in momentum drag.When the aircraft with turbine engine,is moving...Gross Thrust is more than net thrust.and when the engine is at the rest,gross thrust=net thrust.Hope you got the answer.....Good luck in your future. Gross thrust, means the thrust when there is not forward momentum of the jet. However, the jet has always the forward speed. When we consider this, we can calculate the net thrust as the gross thrust minus the forward momentum.


What does it mean if you buy in gross?

Buying something 144 at a time (12x12) (dozen x dozen)


Gross vs net?

This is often used for income. "Gross income" is the total amount of money received, before including expenses in the calculation. Once you subtract expenses, you get "net income" - your actual gain.


You earn an annual salary of 65700 as an engineer What is your monthly gross pay?

5475