how does an increase in population effect a countries GNI?

Q: y spatial relationship of the countries Nepal, Jamaica, Senegal and Brazil?

A: The core-periphery spatial relationship refers to the economic and spatial interdependence between…

Q: What do you understand by an economic cycle?

A: An economic cycle is nothing but the fluctuations in the economy.

Q: What do you call the Circular flow of goods and income of households and firms with the government…

A: The Circular Flow of goods and income of households and firms with the government and foreign…

Q: Identify the major ways of measuring economic activity.

A: Economic activity is measured through the Gross Domestic Product (GDP), Gross National Product (GNP)…

Q: Aside from GDP, why we also can use the Human Development Index to measure the economic development?

A: The HDI is an index compiled and developed by the UN to measure the levels of social and economic…

Q: National savings is

A: In a closed economy, total output(Y) is sum of consumption(C), government expenditure (G) and…

Q: Can LRAS be shifted? What are the factors that caused LRAS to shift?

A: The aggregate supply (AS) refers to the total volume of services and goods produced in the economy…

Q: How do we adjust GDP for changes in the price level?

A: To observe the effect of change in price level in the GDP, we consider two different measures. One…

Q: Comment on the impact of sectoral change on business activity.

A: Sectoral change refers to the change in trend in the agricultural sector over time where the…

Q: GDP is defined as the market value of all in a given time period. O a. final goods and services…

A: GDP is the value of all final goods and services produced within the domestic territory of a country…

Q: What 4 things are excluded from GDP?  Why are they excluded?

A: GDP is that the final value of all the commodities produced within the boundaries of a country…

Q: By How Much Will U.S. GDP Grow Next Year?

A: It was forecasted in the Federal open market Committee meeting which was held on 11th December,2019…

Q: Compare and contrast the HDI fi gures for economically more developed countries and economically…

A: The Human Development Index (HDI) is a composite measure that evaluates a country's common…

Q: List five limitations of GDP as a measurement of social welfare.

A: GDP or Gross Domestic Product is the total accounted value of all the goods and services produced in…

Q: How does inflation affect GDP?

A: GDP (gross domestic product) is vital as it provides data about the magnitude of the budget and how…

Q: what does macroeconmics learn

A: Macroeconomics study about the economic problem and issue at a large level. For example national…

Q: What is a leading economic indicator? Provide two example

A: There are different economic models and theories through which an individual can better understand…

Q: What is the slope of the capital market line (CML)? What does it measure?

A: Capital Market Line refers to the concept which is a representation of all the portfolios which can…

Q: How does GDP affect the economic development of Haiti (or similiar LDCs)?

A: Answer - Need to find- How does GDP affect the economic development of Haiti (or similiar LDCs)…

Q: WHAT IS THE IMPACT OF DIFFERENT SECTORS OF THE COMMUNITY RO THE ECONOMY?

A: The economy is a system in which individuals earn a livelihood by producing, consuming, investing,…

Q: At what prices does the trend of the gross national product is calculated, in order to measure the…

A: In an economy, the gross national product explains the total output or income generated in a…

Q: what is the uderlying assumption of income GDP?

A: In an economy, any change in investment spending will have an impact on aggregate demand because…

Q: How to evaluate the net economic change brought about by an event?

A: Economic Impact:-  The entire proportion of total money flowing into a specific region as a result…

Q: GDP Component CIG X -M Included in GOP Example NOT GDP Example Intermediate goods (ex. Cotton, ink,…

A: Gross domestic product(GDP) measures the money value of all final goods and services produced in an…

Q: Increases in GNP per capita are often interpreted as increases in welfare. What are some problems…

A: GNP refers to gross national product, it is the total money value of all final goods and services…

Q: What was the GDP rate IN AMERICA before pandamic

A: GDP rate is the real economic growth rate at which a nation's Gross Domestic Product (GDP) grows…

Q: What is the ratio of Indian GDP to U.S. GDP if we don’t take intoaccount the diferences in relative…

A: The gross domestic product refers to the market value of all final commodities( goods and services)…

Q: Can GDP be used as a perfect measure of welfare/ well-being?

A: GDP: Gross domestic product estimates both the economy's absolute pay and the economy's complete use…

Q: roducuvay explainis____ of the unferences in per d. Two thirds e all

A: Total factor productivity (TFP) is a measure of economic efficiency and productivity. TFP is the…

Q: Why is better to use HDI rather than GDP to look at the development of a country?

A: In an economy, GDP is an economic measure to compute the economic growth in terms of income or…

Q: Which country had the largest increase in per caps real GDP between 2013 and 2020 OAB BA OF C 0:00 D…

A: Per capita real GDP refers to the measurement of a country's gross domestic product (GDP) per…