How to calculate quarteryly changes in gross domestic product?
Q. How to calculate quarteryly changes in gross domestic product? IE) calculating a change from quarter 1 in 2003 to quarter 2 in 2003? any smart economic ppl out there?
Asked by Rana - Sun Oct 8 14:24:14 2006 - - 2 Answers - 0 Comments
A. Why calculate it at all? It's reported quarterly and is public information.
Answered by dredude52 - Sun Oct 8 15:50:32 2006
Q. How to calculate quarteryly changes in gross domestic product? IE) calculating a change from quarter 1 in 2003 to quarter 2 in 2003? any smart economic ppl out there?
Asked by Rana - Sun Oct 8 14:24:14 2006 - - 2 Answers - 0 Comments
A. Why calculate it at all? It's reported quarterly and is public information.
Answered by dredude52 - Sun Oct 8 15:50:32 2006
What role does the consumer play in Gross Domestic Product?
Q. FYI: Gross Domestic Product (or GDP) is the total market value of all the final goods and services produced within an economy in a given year.
Asked by DoWHATiDO - Wed Jul 5 21:47:39 2006 - - 4 Answers - 0 Comments
A. Consumers act as a stimulus to GNP, as the demand for products by the consumer causes more of the desired products to be produced. Of course, consumer demand is often manipulated by outside forces such as advertising, and overall economic welfare of a given economy. Tight money means consumers are forced to rein in their demands for certain products, they spend less on non-essential, or discretionary items like recreational vehicles, for instance, and because demand for such products falls, less are produced, and so forth. ---UC Steve
Answered by eagleucsteve - Wed Jul 5 22:12:07 2006
Q. FYI: Gross Domestic Product (or GDP) is the total market value of all the final goods and services produced within an economy in a given year.
Asked by DoWHATiDO - Wed Jul 5 21:47:39 2006 - - 4 Answers - 0 Comments
A. Consumers act as a stimulus to GNP, as the demand for products by the consumer causes more of the desired products to be produced. Of course, consumer demand is often manipulated by outside forces such as advertising, and overall economic welfare of a given economy. Tight money means consumers are forced to rein in their demands for certain products, they spend less on non-essential, or discretionary items like recreational vehicles, for instance, and because demand for such products falls, less are produced, and so forth. ---UC Steve
Answered by eagleucsteve - Wed Jul 5 22:12:07 2006
What is the current Gross Domestic Product?
Q. What is the current Gross Domestic Product in the US? Or a very close estimate. The source would be wonderful as well. total in $$
Asked by Daryl Zero - Wed Oct 11 09:58:46 2006 - - 3 Answers - 0 Comments
A. Per US Dept. of Commerce, Bureau of Economic Analysis: Current-dollar GDP Current-dollar GDP -- the market value of the nation's output of goods and services -- increased 5.9 percent, or $188.9 billion, in the second quarter to a level of $13,197.3 billion. In the first quarter, current-dollar GDP increased 9.0 percent, or $277.9 billion. Link below for full details, analysis, etc. Check Table 9 (near bottom) for details across several years.
Answered by Yahzmin (US) [busy] - Wed Oct 11 10:30:29 2006
Q. What is the current Gross Domestic Product in the US? Or a very close estimate. The source would be wonderful as well. total in $$
Asked by Daryl Zero - Wed Oct 11 09:58:46 2006 - - 3 Answers - 0 Comments
A. Per US Dept. of Commerce, Bureau of Economic Analysis: Current-dollar GDP Current-dollar GDP -- the market value of the nation's output of goods and services -- increased 5.9 percent, or $188.9 billion, in the second quarter to a level of $13,197.3 billion. In the first quarter, current-dollar GDP increased 9.0 percent, or $277.9 billion. Link below for full details, analysis, etc. Check Table 9 (near bottom) for details across several years.
Answered by Yahzmin (US) [busy] - Wed Oct 11 10:30:29 2006
Which of the following formulas is used to calculate per capita gross domestic product?
Q. Which of the following formulas is used to calculate per capita gross domestic product? GDP multiplied by the birth rate GDP divided by total population GDP multiplied by total population GDP squared divided by the birth rate
Asked by lanyueliang_vaj - Tue May 27 18:11:18 2008 - - 5 Answers - 0 Comments
A. GDP divided by total population
Answered by Saravanakumar S - Tue May 27 18:37:55 2008
Q. Which of the following formulas is used to calculate per capita gross domestic product? GDP multiplied by the birth rate GDP divided by total population GDP multiplied by total population GDP squared divided by the birth rate
Asked by lanyueliang_vaj - Tue May 27 18:11:18 2008 - - 5 Answers - 0 Comments
A. GDP divided by total population
Answered by Saravanakumar S - Tue May 27 18:37:55 2008
The United States spends more money on health care, as a percentage of Gross Domestic Product, than other deve
Q. The United States spends more money on health care, as a percentage of Gross Domestic Product, than other developed nations. Why do you think that is? Are we healthier as a result of this level of expenditure?
Asked by Linda k - Tue Jan 8 13:25:36 2008 - - 4 Answers - 0 Comments
A. Why? That is pretty complex, but is basically because other countries have negotiated prices en mass, rather than an everyone for themselves system, as well as less access to advanced medicine. They also have fewer unnecessary surgeries, tend to have a more healthy population because of diet and lifestyle issues, etc., and let's also not forget one reason we spend more on health care is because we can AFFORD to. I mean it isn't such a bad thing to spend money on, is it? Are we healthier because of it? Probably healthier than we would be otherwise, but eating better and exercising more might both reduce the cost of health care and do even more to making the population healthier than downing more drugs...
Answered by is it 5 yet? - Tue Jan 8 15:51:29 2008
Q. The United States spends more money on health care, as a percentage of Gross Domestic Product, than other developed nations. Why do you think that is? Are we healthier as a result of this level of expenditure?
Asked by Linda k - Tue Jan 8 13:25:36 2008 - - 4 Answers - 0 Comments
A. Why? That is pretty complex, but is basically because other countries have negotiated prices en mass, rather than an everyone for themselves system, as well as less access to advanced medicine. They also have fewer unnecessary surgeries, tend to have a more healthy population because of diet and lifestyle issues, etc., and let's also not forget one reason we spend more on health care is because we can AFFORD to. I mean it isn't such a bad thing to spend money on, is it? Are we healthier because of it? Probably healthier than we would be otherwise, but eating better and exercising more might both reduce the cost of health care and do even more to making the population healthier than downing more drugs...
Answered by is it 5 yet? - Tue Jan 8 15:51:29 2008
the advantages & disadvantages of using Gross Domestic Product as a measure of Productivity & economic health?
Q. Explain what the advantages and the disadvantages are of using Gross Domestic Product as a measure of productivity and economic health? Explain your answer.
Asked by mrs. Vee - Sat Dec 1 14:39:44 2007 - - 1 Answers - 0 Comments
A. Nominal and real GDP are horrible measures of economic health and productivity. GDP simply tells you the size of the economy measured by output. Change in real GDP is a little better because it captures productivity, but confounds it with population growth. So, it is an imperfect proxy for productivity. Further, change in GDP contains some information about the health of the economy- is it growing or shrinking and how quickly, but it isn't relative to anything. Per capita GDP tells you, on average how much output each person provides to the economy, and is therefore a measure of economic health. However, this tells you nothing about the distribution, potential, or sustainability of the economy. Change in per capita gdp is a pure measure… [cont.]
Answered by Homer J. Simpson - Sat Dec 1 15:32:13 2007
Q. Explain what the advantages and the disadvantages are of using Gross Domestic Product as a measure of productivity and economic health? Explain your answer.
Asked by mrs. Vee - Sat Dec 1 14:39:44 2007 - - 1 Answers - 0 Comments
A. Nominal and real GDP are horrible measures of economic health and productivity. GDP simply tells you the size of the economy measured by output. Change in real GDP is a little better because it captures productivity, but confounds it with population growth. So, it is an imperfect proxy for productivity. Further, change in GDP contains some information about the health of the economy- is it growing or shrinking and how quickly, but it isn't relative to anything. Per capita GDP tells you, on average how much output each person provides to the economy, and is therefore a measure of economic health. However, this tells you nothing about the distribution, potential, or sustainability of the economy. Change in per capita gdp is a pure measure… [cont.]
Answered by Homer J. Simpson - Sat Dec 1 15:32:13 2007
What does Gross Domestic Product mean?
Q. I have a soc st exam coming up and i do not understand what gdp is! gross domestic product, but i dont get what that means. Can some please explain this to me, but in like idiot terms so i can understand! Me and my friend serisously need help with this!
Asked by Mrs.Edward Cullen <3 - Fri Feb 6 18:13:13 2009 - - 5 Answers - 0 Comments
A. The problem with GDP is that economists don't talk about NET Domestic Product. NDP = GDP - Depreciation Then they get the equation wrong and don't tell us because they don't subtract the depreciation of all of the consumer goods. There have been 200,000,000+ cars in the US since 1995 so at $1,500 per car per year Americans lose $300,000,000,000 every year on cars. The economists DON'T TELL US. But when we buy new cars to be replacements they call it economic growth.
Answered by psikeyhackr - Fri Feb 6 20:38:55 2009
Q. I have a soc st exam coming up and i do not understand what gdp is! gross domestic product, but i dont get what that means. Can some please explain this to me, but in like idiot terms so i can understand! Me and my friend serisously need help with this!
Asked by Mrs.Edward Cullen <3 - Fri Feb 6 18:13:13 2009 - - 5 Answers - 0 Comments
A. The problem with GDP is that economists don't talk about NET Domestic Product. NDP = GDP - Depreciation Then they get the equation wrong and don't tell us because they don't subtract the depreciation of all of the consumer goods. There have been 200,000,000+ cars in the US since 1995 so at $1,500 per car per year Americans lose $300,000,000,000 every year on cars. The economists DON'T TELL US. But when we buy new cars to be replacements they call it economic growth.
Answered by psikeyhackr - Fri Feb 6 20:38:55 2009
Gross Domestic Product of Great Britain?
Q. Can anyone tell me a reliable site to get the Gross Domestic Product of Great Britain for 2008? Not the UK. The UK is England, Northern Ireland, Scotland and Wales. Great Britain is England, Scotland and Wales.
Asked by L - Tue Nov 4 10:59:01 2008 - - 3 Answers - 0 Comments
A. Best to start here: Not sure what you mean by "not the UK". We are the United Kingdom of Great Britain and Northern Ireland. Maybe you mean all the UK except Northern Ireland?
Answered by steve_loir - Tue Nov 4 11:15:29 2008
Q. Can anyone tell me a reliable site to get the Gross Domestic Product of Great Britain for 2008? Not the UK. The UK is England, Northern Ireland, Scotland and Wales. Great Britain is England, Scotland and Wales.
Asked by L - Tue Nov 4 10:59:01 2008 - - 3 Answers - 0 Comments
A. Best to start here: Not sure what you mean by "not the UK". We are the United Kingdom of Great Britain and Northern Ireland. Maybe you mean all the UK except Northern Ireland?
Answered by steve_loir - Tue Nov 4 11:15:29 2008
Where can I find information on Gross Domestic Product values?
Q. I have an assignment where I was told to find things such as the GDP in current and constant dollars for the second quarter in 2008. I also have to find the Consumer price index, Producer price index and some other economy related values. Any ideas of where I can find these amounts? Thanks!
Asked by =) - Wed Aug 27 12:53:01 2008 - - 1 Answers - 0 Comments
A. U.S. Department of Labor, Bureau of Labor Statistics has all that for the U.S. Check their web site (www.bls.gov)
Answered by Steve D - Wed Aug 27 13:05:50 2008
Q. I have an assignment where I was told to find things such as the GDP in current and constant dollars for the second quarter in 2008. I also have to find the Consumer price index, Producer price index and some other economy related values. Any ideas of where I can find these amounts? Thanks!
Asked by =) - Wed Aug 27 12:53:01 2008 - - 1 Answers - 0 Comments
A. U.S. Department of Labor, Bureau of Labor Statistics has all that for the U.S. Check their web site (www.bls.gov)
Answered by Steve D - Wed Aug 27 13:05:50 2008
How does Gross Domestic Product in China affect the international business?
Q. How does Gross Domestic Product in China affect the international business?
Asked by sheng yan - Mon Jan 14 22:18:26 2008 - - 1 Answers - 0 Comments
Q. How does Gross Domestic Product in China affect the international business?
Asked by sheng yan - Mon Jan 14 22:18:26 2008 - - 1 Answers - 0 Comments
How is the Gross Domestic Product related to the inflation rate and unemployment rate?
Q. How is the Gross Domestic Product related to the inflation rate and unemployment rate?
Asked by tustudent - Tue Nov 20 11:23:09 2007 - - 2 Answers - 0 Comments
A. Inflation is the sudden increase of a product. Namely the product in this situation, a domestic product, such as pinesol maybe, can have a sudden price inflation if less workers are there (hence unemployment rate) to make the product to be sold. Since their is less of the product, that means the prices increase causing a inflation. Heres a simple chart for you to observe Workers Make>Pinesol>Pinesol production decreases suddenly because of lack of sales>Need for less workers>Less workers means higher unemployment rate>Suddenly Pinesol becomes famous>More workers needed but workers competent for task unavailable>Low number of Workers>Less Products>To make up for money price increase The End
Answered by NForcer - Tue Nov 20 11:32:39 2007
Q. How is the Gross Domestic Product related to the inflation rate and unemployment rate?
Asked by tustudent - Tue Nov 20 11:23:09 2007 - - 2 Answers - 0 Comments
A. Inflation is the sudden increase of a product. Namely the product in this situation, a domestic product, such as pinesol maybe, can have a sudden price inflation if less workers are there (hence unemployment rate) to make the product to be sold. Since their is less of the product, that means the prices increase causing a inflation. Heres a simple chart for you to observe Workers Make>Pinesol>Pinesol production decreases suddenly because of lack of sales>Need for less workers>Less workers means higher unemployment rate>Suddenly Pinesol becomes famous>More workers needed but workers competent for task unavailable>Low number of Workers>Less Products>To make up for money price increase The End
Answered by NForcer - Tue Nov 20 11:32:39 2007
How does the increase or decrease of GDP (gross domestic product) affect our economic decisions?
Q. How does the increase or decrease of GDP (gross domestic product) affect our economic decisions?
Asked by s_huynh603 - Wed Oct 28 20:54:23 2009 - - 1 Answers - 0 Comments
A. Haven't you been paying attention? The world has just seen a major recession; have you see no effect at all? You haven't heard about the increase in unemployment? the fall in house prices and housing sales? And even without recent experience, have you even bothered to think about the question? Suppose the GDP does go down; that means people have and are spending less money. That means companies are producing less, which means they need fewer employees. That means people are getting laid off and unemployment increases. When you see people around you getting laid off, how are you going to feel about your job security? And are you likely to keep buying the same sort of things or are you likely to cut back on "luxuries"? Are you as likely… [cont.]
Answered by simplicitus - Sat Oct 31 23:23:20 2009
Q. How does the increase or decrease of GDP (gross domestic product) affect our economic decisions?
Asked by s_huynh603 - Wed Oct 28 20:54:23 2009 - - 1 Answers - 0 Comments
A. Haven't you been paying attention? The world has just seen a major recession; have you see no effect at all? You haven't heard about the increase in unemployment? the fall in house prices and housing sales? And even without recent experience, have you even bothered to think about the question? Suppose the GDP does go down; that means people have and are spending less money. That means companies are producing less, which means they need fewer employees. That means people are getting laid off and unemployment increases. When you see people around you getting laid off, how are you going to feel about your job security? And are you likely to keep buying the same sort of things or are you likely to cut back on "luxuries"? Are you as likely… [cont.]
Answered by simplicitus - Sat Oct 31 23:23:20 2009
is this a gross domestic product for the year 2007 and if it is what type of spending is it?
Q. If it is counted, classify the type of spending. Briefly explain your answer. 1 A new Saturn Vue that was produced but not sold in 2007.
Asked by Lana M - Wed Sep 17 18:58:14 2008 - - 1 Answers - 0 Comments
A. There is not a gross domestic product, there is the gross domestic product. It is a good deal more than one lonely automobile.
Answered by wartz - Wed Sep 17 19:03:29 2008
Q. If it is counted, classify the type of spending. Briefly explain your answer. 1 A new Saturn Vue that was produced but not sold in 2007.
Asked by Lana M - Wed Sep 17 18:58:14 2008 - - 1 Answers - 0 Comments
A. There is not a gross domestic product, there is the gross domestic product. It is a good deal more than one lonely automobile.
Answered by wartz - Wed Sep 17 19:03:29 2008
What are the advantages and disadvantages of using the Gross Domestic Product (GDP)i?
Q. as a measure of productivity and economic health? Explain your answers.
Asked by No Name - Mon Apr 14 21:02:25 2008 - - 2 Answers - 0 Comments
A. The adavantage of using GDP is it shows how much you have grown capared to the nations around you. The bad thing is that it does not show the inflation. With GDP you can not compare a country from year to year. But there is a solution. Use Real GDP, this uses a fixed price, and it shows how much you are really producing from one year to anouther.
Answered by Fereidoon A - Mon Apr 14 21:15:27 2008
Q. as a measure of productivity and economic health? Explain your answers.
Asked by No Name - Mon Apr 14 21:02:25 2008 - - 2 Answers - 0 Comments
A. The adavantage of using GDP is it shows how much you have grown capared to the nations around you. The bad thing is that it does not show the inflation. With GDP you can not compare a country from year to year. But there is a solution. Use Real GDP, this uses a fixed price, and it shows how much you are really producing from one year to anouther.
Answered by Fereidoon A - Mon Apr 14 21:15:27 2008
How will the measurements change over the next two years for the Gross Domestic Product?
Q. How will the measurements change over the next two years for the Gross Domestic Product?
Asked by gale1999_2000 - Sat Jul 4 13:45:21 2009 - - 1 Answers - 0 Comments
Q. How will the measurements change over the next two years for the Gross Domestic Product?
Asked by gale1999_2000 - Sat Jul 4 13:45:21 2009 - - 1 Answers - 0 Comments
Can someone tell me what Gross Domestic Product means?
Q. In simple words, can you tell me what it means please. I looked it up and I'm not sure I understood it. I want to make sure I got it right. Is it how much a country makes from goods that consumers buy or something like that?
Asked by BurnItEthan- - Wed Oct 21 21:09:54 2009 - - 2 Answers - 0 Comments
A. GDP is the total market value of all final goods and services produced within a nation during a time period - the GDP for the year 2009, for example. Used goods that have been resold are not considered final goods and not included in the GDP. Regardless of who owns the resources or company, if it is produced within that country, it is part of that country's GDP. Example, the U.S. GDP includes Japanese-owned Toyota cars being produced by the plant factories located on U.S. soil. The U.S. owned Dell computers being produced in India is part of India's GDP. It sounds like you got the right idea.
Answered by . - Wed Oct 21 21:52:44 2009
Q. In simple words, can you tell me what it means please. I looked it up and I'm not sure I understood it. I want to make sure I got it right. Is it how much a country makes from goods that consumers buy or something like that?
Asked by BurnItEthan- - Wed Oct 21 21:09:54 2009 - - 2 Answers - 0 Comments
A. GDP is the total market value of all final goods and services produced within a nation during a time period - the GDP for the year 2009, for example. Used goods that have been resold are not considered final goods and not included in the GDP. Regardless of who owns the resources or company, if it is produced within that country, it is part of that country's GDP. Example, the U.S. GDP includes Japanese-owned Toyota cars being produced by the plant factories located on U.S. soil. The U.S. owned Dell computers being produced in India is part of India's GDP. It sounds like you got the right idea.
Answered by . - Wed Oct 21 21:52:44 2009
What is the gross domestic product, net domestic product, and national income for the following?
Q. Billions of Dollars Consumption 400 Net Exports -20 Transfer Payments 20 Gross investment 100 Social Security Contributions 10 Government Purchases 120 Net Investment 50 Dividends 20 Indirect Business Tax 10 Corporate Income Tax 30 Personal Income Tax 60 Undistributed Corporate Profits 20 Yes, I do have the approaches for solving them, but they have not got me anywhere. Any help in solving these is greatly appreciated. Been struggling with these for a while.
Asked by TheChosenOne216 - Wed Jun 24 12:17:28 2009 - - 1 Answers - 0 Comments
A. Expenditure approach: GDP = C+Ig+G+NX = 400+100+120-20 = 600 NDP = GDP-CC CC = Ig-In = 100-50 = 50 NDP = 600-50 = 550 NI = NDP-IBT = GDP-CC-IBT = 550-10 = 540 PI = NI-SSC-CIT-UCP+TP = 540-10-30-20+20 = 500 DI = PI-PIT = 500-60 = 440 Corporate profits = Div+UCP+CIT = 20+20+30 = 70
Answered by Jurij-EU - Wed Jun 24 13:51:24 2009
Q. Billions of Dollars Consumption 400 Net Exports -20 Transfer Payments 20 Gross investment 100 Social Security Contributions 10 Government Purchases 120 Net Investment 50 Dividends 20 Indirect Business Tax 10 Corporate Income Tax 30 Personal Income Tax 60 Undistributed Corporate Profits 20 Yes, I do have the approaches for solving them, but they have not got me anywhere. Any help in solving these is greatly appreciated. Been struggling with these for a while.
Asked by TheChosenOne216 - Wed Jun 24 12:17:28 2009 - - 1 Answers - 0 Comments
A. Expenditure approach: GDP = C+Ig+G+NX = 400+100+120-20 = 600 NDP = GDP-CC CC = Ig-In = 100-50 = 50 NDP = 600-50 = 550 NI = NDP-IBT = GDP-CC-IBT = 550-10 = 540 PI = NI-SSC-CIT-UCP+TP = 540-10-30-20+20 = 500 DI = PI-PIT = 500-60 = 440 Corporate profits = Div+UCP+CIT = 20+20+30 = 70
Answered by Jurij-EU - Wed Jun 24 13:51:24 2009
What is the Gross Domestic Product of the United States?
Q. The answer should be in $.
Asked by Ron S - Mon Nov 19 23:32:35 2007 - - 2 Answers - 0 Comments
A. here is the government site.it will have all your info.
Answered by rap1361 - Tue Nov 20 00:06:54 2007
Q. The answer should be in $.
Asked by Ron S - Mon Nov 19 23:32:35 2007 - - 2 Answers - 0 Comments
A. here is the government site.it will have all your info.
Answered by rap1361 - Tue Nov 20 00:06:54 2007
What is the Gross Domestic Product of the North Pole, given the billions of toys made there?
Q. ...Could it be considered an economic superpower like the US, China, and Japan?
Asked by bill w - Wed Nov 29 16:47:08 2006 - - 5 Answers - 0 Comments
A. Well, considering their trade is 100% positive (all exportations and no importations) their economy has got to be pretty damn good. Plus, their work force doesn't get paid, so less overhead. Being Santa must be SWEET.
Answered by Wundt - Wed Nov 29 16:52:32 2006
Q. ...Could it be considered an economic superpower like the US, China, and Japan?
Asked by bill w - Wed Nov 29 16:47:08 2006 - - 5 Answers - 0 Comments
A. Well, considering their trade is 100% positive (all exportations and no importations) their economy has got to be pretty damn good. Plus, their work force doesn't get paid, so less overhead. Being Santa must be SWEET.
Answered by Wundt - Wed Nov 29 16:52:32 2006
Can any one send me links of legal sites to know about Gross Domestic Product?
Q. Gross Domestic Product
Asked by Mukul Mukherjee - Tue Feb 24 14:26:11 2009 - - 2 Answers - 0 Comments
Q. Gross Domestic Product
Asked by Mukul Mukherjee - Tue Feb 24 14:26:11 2009 - - 2 Answers - 0 Comments
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