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Which country is the richiest?
The United States by GDP. Luxembourg by GDP per capita.
What shows if a country is richer or poor?
Search the country's HDI or GDP per capita.
Which continent has the greatest per capita energy consumption?
North America. This statistic is highly correlated with GDP.
What country has the highest gpd?
The United States has the highest GDP by far. It almost doubles the second highest, China.
If a country is at the top of the world's Human Development Index rankings probably will not have the world's best?
gross domestic product (GDP)
The GDP gap measures the difference between?
nominal GDP and real GDP.
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 does GDP gap measure the difference between?
GDP Gap measures the percent difference in Real and Potential GDP
How do you calculate the Import-GDP ratio?
it the ratio of between the total value of import and GDP
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 are the components of GDP and the difference between real and nominal GDP?
GDP = Consumption + Investment + Govt. spending + net exports (exports - imports). Real GDP is the value of GDP shown in base period dollars, without the effects of inflation and price changes. Nomnal GDP is value of GDP adjusted for inflation.
What does the difference between these three countries' overall GDP rankings and per capita GDP rankings tell you?
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What is GDP per capita used to measure?
The GDP per capita is used to measure a country's standard of living. It is calculated by dividing the country's GDP by its population, which better allows comparison of GDP between countries.
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 investment in human capital and GDP?
teeth
What is the similarities between gDP and GNP?
business,economic forecasting
What is the difference between nominal and ppp GDP?
idk.weeoll is money.
