how does an increase in population effect a countries GNI?

Q: I am confused. Help me    What can we predict about the economy of the US for the next 10 years.…

A: The mechanism a society uses to create, distribute, and consume products and services is referred to…

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: Is inflation likely to be a problem for at least some low- and middle-income economies in the near…

A: Inflation is a major problem in the low and middle income economies as it disturbs the price signals…

Q: if the total imports is greater than total exports the answer will be negative in GDP?

A: In an open economy, the overall GDP of the country is influenced by the international trade made by…

Q: What do you understand by an economic cycle?

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

Q: how do you solve national  saving

A: National Savings = Private Savings + Public Savings Private savings is that of the individual while…

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: National savings is

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

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: Why is GDP and GNP converted to US dollar

A: Gross domestic product (GDP) measures the money value of all final goods and sevices produced within…

Q: What are the small business that gained during the Covid19?

A: The Covid-19 is a new type of pandemic disease which was originated in the province of Wuhan in the…

Q: What is the relevance of manufacturing businesses on national output?

A: The economics is the detailed study of human behavior with respect to the use of scarce resources…

Q: What are the factors that can influence a country’s standard of living?

A: Standard of living indicates the degree of wealth or availability of material goods and services to…

Q: what are the different concepts of national income

A: There are various concepts of National Income GDP GNP NNP NI PI DI and PCI

Q: What other variables do you expect to influence the number of international travelers?

A: Beyond the obvious ones like economic conditions, geopolitical stability and travel infrastructure…

Q: discuss possible variations in purchasing power due to price and income changes

A: The consumer or the individual would result in consuming various amounts of goods and services given…

Q: List the different ways used to measure the wealth of nations?

A: We can measure the wealth and growth of a nation by the ‘gross domestic product’ or GDP and ‘gross…

Q: What do you think are the most important problems facing countries in macroeconomic terms lately?

A: I think the most significant macroeconomic problem many countries facing is the high level of…

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: If a country decides to have a UBI (Universal Basic Income) policy, what are some ways using which…

A: Universal Basic Income (UBI) is a type of transfer income that all the citizens of a country receive…

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 can the wealth of the nations measured by the using per capitagross national income (GNI)?

A: Gross National Income (GNI) is the total amount or the addition of all the amount received in the…

Q: Write an essay discussing the reasons for studying national income

A: National income is a crucial economic indicator that computes the total value of products and…

Q: What is export,import rate and net export reflecting in terms of GDP of a country? What it indicates…

A: Money has been developed since the ages and people use money for various purposes and transactions.…

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: Is there a better way to classify a country other than the use of GDP and per capita? Explain

A: Yes, there is a better way to classify a country other than the use of GDP and per capita as these…

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 correlation exists between exports and GDP per capita, and imports and GDP per capita?

A: The correlation that exists between exports and GDP per capita, and imports and GDP per capita are…

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: Why is income per person so much higher in some countries than others?

A: A commonly used indicator to measure the level of prosperity in a nation is the per capita gross…

Q: What is the implication of an aging population on a country's economy?

A: An aging population implies that a country's majority of population is heading towards old age which…

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…