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there really isn't all that much of a relationship, but they are part of a developed country or a less developed country. GDP is what that specific country has made by buying or selling from other countries and Birth Rate is pretty self explanatory. they just both help define where a country is in the 4 stages of development.
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What is the relationship between GDP and exchange rate?
GDP or gross domestic product is not directly related to the exchange rate. One rate theories are used to accurately report GDP. Universal rates apply in the reporting figures used.
What is the relationship between human capital and GDP?
it is that the human capital is one thing and the gdp is another thing.
What is the relationship between aggregate expenditure and real GDP?
There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.
What is the relationship between net exports and GDP?
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
What is the relationship between GDP and literacy rate?
the higher the literacy rate, the higher the GDP. Because people are able to bring in a larger profit with an education. BUT, If you have a high GDP, the government is able to fund more towards national education. So in a way, they help eachother.
What is the relationship between investment in human capital and GDP?
teeth
The relationship between current account balance and GDP?
The relationship between the current account balance and the GDP is that they both reflect the production in the given economy. They both deal with the net production.
How does literacy rate impact a GDP?
the GDP does not affect the literacy rate. The literacy rate affects the GDP. normally the higher the literacy rate, the higher the GDP, but not always. Some countries can have a very high literacy rate, but not a high GDP. but most of the time the higher the literacy rate, the higher the GDP and standard of living.
how to calculate gdp growth rate?
The formula for calculating GDP growth rate is: (GDP in current year - GDP in previous year) / GDP in previous year x 100% Here's an example: Suppose the GDP of a country was $1 trillion in 2020 and it increased to $1.2 trillion in 2021. To calculate the GDP growth rate for 2021, we can use the formula above: ($1.2 trillion - $1 trillion) / $1 trillion x 100% = 20% Therefore, the GDP growth rate for 2021 is 20%. This means that the country's economy grew by 20% from 2020 to 2021.
What is the relationship between investments and GDP?
both make more efficient products
What is the relationship between investment in capital and GDP?
they both have the same influential factors
What was the annual rate of growth of world GDP between 1950 and 1973?
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