What was the GDP rate IN AMERICA before pandamic

Q: If you want to withdraw $20,000 at the end of 2 years and $55,000 at the end of 4 years, how much…

A: Withdraw: It means to take out money from the account.

Q: How does per capita GDP in the following countries "stack up" against America's ( in percentage…

A:

Q: If US per capita GDP is $50,000 and grows at 3% per year, what will US per capita GDP be in 70…

A: Given: US per capita GDP=Present value=PV=$50,000Growth rate=i=3%n=70 years

Q: In reference to the Philippines what can we predict for the next year of its economy?

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

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: Is the underground economy included in GDP?

A: Underground economy or shadow economy is the economy working under the government system that is not…

Q: What do you understand by an economic cycle?

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

Q: Which is a better economic indicator, GDP or GNP and explain why?

A: GDP or Gross domestic product refers to the sum total of the final value of all the goods and…

Q: how do you solve national  saving

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

Q: What are the top 10 GDP/capita countries in the world? Please find the latest numbers. How does…

A: GDP per capita is the total output per person produced in the country.

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: 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: 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 is the importance of this macroeconomic (GDP)  indicator? Is it also important for Qatar?

A: 1a) Gross domestic product is important on the grounds that it gives data about the size of the…

Q: What is the current real GDP per person in South Africa? How has this changed over the past 10…

A: The word "economic environment" refers to any or all external economic parts that influence shopper…

Q: what makes the USA GDP up?

A: Gross Domestic Product (GDP) is a comprehensive metric that encapsulates the economic vitality of a…

Q: According to the figure showing 2020 GDP for selected countries, how much larger (in percentage…

A: GDP is the sum total of market value of final goods and services produced in a country during a…

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: 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: IS GDP important for economic growth

A: GDP (Gross Domestic Product) is the value of all final goods and services produced in the country…

Q: What is the formula for the NET DOMESTIC PRODUCT In the economic HELP

A: In an economy, domestic product refers to the total output generated or produced within the economic…

Q: There are two issues that become apparent when considering GDP on a global basis. When comparing…

A: GDP or Gross Domestic Product is a measure of the total valuation of all final products (goods and…

Q: It is expected that in the next twenty years the gross domestic product of China will become larger…

A: While comparing the GDP in both countries, China becomes larger than the United States. This means…

Q: Define Economic events.

A: Economic events are those that can be measured in monetary terms.

Q: between the years 2000 and 2016 for India from the United Nations. Fill in the column for the real…

A: Real GDP = (Nominal GDP/Deflator)*100 I copied this data into excel and then solved it using this…

Q: how do remittances affect GDP?

A: Answer: Introduction: It refers to the transfer of a part of income by a worker from a foreign…