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Earn +20 ptsQ: What does synthetic GDP mean?
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Can GDP be zero and if so what does that mean for the country with a zero GDP?
The GDP of a country - or even a large community - cannot be zero. Zero GDP implies that there is no output (goods or services), nobody spends anything (on things from inventories or imports), nobody earns anything.
How to calculate the percentage change in real GDP?
[ (GDP 2006 - GDP 2005) / GDP 2005] X 100 ---- ----
How is debt-to-GDP ratio calculated?
(primary balance/GDP)*100 .GDP decreases. Debt increases.
What is 2.5 percent GDP?
It is not clear whose GDP the question is referring to.
How do you calculate the percentage change in real GDP per capita?
Real GDP/Capita
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