What is gdp and how is it useful

Answers

Answer 1

Answer:

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP and the same is called Mean Standard of Living.

Explanation:

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP and the same is called Mean Standard of Living.


Related Questions

Climate zones result in specific vegetation types developing in a region. Which climatic region is hot and wet all year round, resulting in tropical rainforest Vegetation?

Answers

Places with a tropical wet climate are also known as rainforests. These equatorial regions have the most predictable weather on Earth, with warm temperatures and regular rainfall. Annual rainfall exceeds 150 centimeters (59 inches), and the temperature varies more during a day than it does over a year.

Uniformitarianism assumes that Question 14 options: Earth is quite young and is shaped by dramatic events. catastrophic episodes have regularly occurred. the same physical processes we see today are a key to understanding the processes that have been operating throughout geologic time. mountains, plains, and canyons formed by catastrophic events.

Answers

James Hutton Along with Charles Lyell, James Hutton developed the concept of uniformitarianism. He believed Earth's landscapes like mountains and oceans formed over long period of time through gradual processes.

Explanation:

might it help you

A camper takes a 100-gram piece of basalt rock from a campfire and places it in a cup holding 250 mililiters of water. The temperature of the rock is 300C and the temperature of the water is 20C. Air temperature is also 20C. In the process of heating the water with the basalt, the temperature of the basalt decreased more than the temperature of the water increased. This difference most likey occured because

Answers

Answer:

This difference most likely occurred because the specific heat of water is higher than that of basalt.

Explanation:

Basalt is a fine-grained, dark-colored igneous rock that is mostly made up of plagioclase and pyroxene minerals.

Water is a gaseous, liquid, or solid substance made up of the chemical elements hydrogen and oxygen, and it can exist in gaseous, liquid, and solid states.

Basalt can be used to heat water. But when the specific heat of water is higher than that of basalt, the temperature of the basalt will drop more than the temperature of the water will rise when the water is heated with the basalt.

Therefore, this difference most likely occurred because the specific heat of water is higher than that of basalt.

6.
Explain how overgrazing can increase the risk of flooding.​

Answers

Answer: Grass holds soil together which keeps everything together. If overgrazing occurs, plants would be gone meaning only soil is left in the open. This will make the risk of flooding to increase drastically.

Explanation:

As a religious faith, Candomblé appropriates beliefs from both __________.
A.
African faiths and Catholicism
B.
Hinduism and Catholicism
C.
Hinduism and Islam
D.
Buddhism and Catholicism

Answers

Answer:

A. African faiths and Catholicism

Answer:

A

Explanation:

got it right on edge!! stay safe!

Which of the following is the most vital way in which humans depend on plant energy?

as food
as biofuels
as firewood
as hydroponics

Answers

As food. Food is necessary for survival, while others aren’t as vital.
as food , it’s a necessity all humans need to live.

write a paragraph explaing why collect a can is an example of sustainable development​

Answers

Sustainable development means utilizing the resourses carefully and developing the nation without damaging the environment. So , Collecting a can is an eg of sustainable development bcuz you can recycle the can n get new things from it & recycling saves the environment as well as develops the needs.

Collecting cans is an example of sustainable development because it is more environmental friendly and helps in recycling.

What is sustainable development?

This  is a term that has to do with all sorts of developments that would lead to having a better and more sustainable future.

Recycling used cans is sustainable for the environment and also a wise use of resources.

Read more on sustainable development here:

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Which of the following is the
most complete definition of
electromagnetic radiation?
A. energy that can travel through space in the
form of waves
B. the energy formed in the sun's core
C. heat waves that travel through planets
D. light that has a higher frequency than visible
light

Answers

Answer:

I think the answer is A!!!!!

te de que manera crees tu que Podrías apoyar a los negocios que dependen del turismo durante esta Pandemia?​

Answers

Answer:are you talking about the pandemic

Explanation:

What does it mean by the youngest religion? Is it the oldest or most recent (used today) religion?

Answers

it means the oldest religion. not the most recent used today.

Young religions, also called New religious movements (NRMs) are religions created recently, examples like LaVeyan Satanism (1966), Thelema ( early 1900s), Latter Day Saints (LDS / Mormons, 1820s), Jehovah's Witnesses (JWs, late 1870s), Discordianism (1963)

Older religions include Judaism and Hinduism, etc

"Most recent" is difficult to answer, but the largest religion today is Christianity with over 2 billion followers, followed by Islam and then irreligion.

what is map scale?
what is map?
Difference between small scale map
and large scale map ?
Answer like this 1.
2.
like this

Question By:-
Anant Kumar​

Answers

A map is a diagrammatic representation of an area of land or sea showing physical features, cities, roads, etc. Basically, a small-scale map covers a larger geographic region such as the world; whereas, a large-scale map covers a relatively small geographic area, such as a 7.5' quadrangle map.

Types of forest management techniques. ​

Answers

There are three major groups of timber harvest practices; clearcutting, shelterwood and selection systems. While each are different and are applied to specific forest types, they have three things in common: They provide wood fiber for thousands of every-day products.

Forest Wilderness

Managed Forests

Urban Forests

Wildland-Urban Interface (WUI)

Plantation Forests

TIMBER STAND IMPROVEMENT.

TIMBER HARVESTING.

REGENERATION.

PRESCRIBED BURNING.

what causes a hurricane to occur​

Answers

Answer:

rise in water levels

Explanation:

hurricane is caused by rise in water levels of the sea

Describe four common characteristics developed countries have that give them an advantage over less-developed countries

Answers

Answer:

Developed countries have: High level of education, high employability rate, good infrastructure, good economy.

Explanation:

Developed countries are able to promote a very efficient standard of living for their citizens. This is due to the fact that they have many positive and efficient factors that are essential for a good quality of life and that promote the population more than the basics necessary to have a good life. This gives developed countries many advantages, as a population that has its needs met is capable of creating a stronger country. Among these advantages we can mention the high level of education, which allows for a high level of employability. This allows the country to have a population qualified to occupy all productive sectors, which provides a good economy and a good infrastructure that is capable of making the country functional, modern and dynamic.

¿Que entiendes por el desarrollo de un país ?

Answers

Answer:

En Español: Un país desarrollado, un país industrializado, tiene una economía madura y sofisticada, generalmente medida por el producto interno bruto (PIB) y / o el ingreso promedio por residente. Los países desarrollados tienen una infraestructura tecnológica avanzada y diversos sectores industriales y de servicios.

En English: A developed country, industrialized country, has a mature and sophisticated economy, usually measured by gross domestic product (GDP) and/or average income per resident. Developed countries have advanced technological infrastructure and have diverse industrial and service sectors.

Study the map, then use the drop-down menus to complete the sentences.
The region includes Ethiopia.
is the smallest country in Africa by landmass.
is the largest country in Africa by landmass.
, is the largest city in Africa by population.

Answers

Answer:

1- Horn of Africa.

2- Seychelles.

3- Algeria.

4- Cairo, Egypt.

Explanation:

1- The Horn of Africa is the eastern tip of mainland Africa, where the Red Sea empties into the Indian Ocean, where the nations of Ethiopia, Somalia, Eritrea, and Djibouti are located.

2- The Seychelles is the smallest country in Africa, with a size of 459 square km. The country scores the highest on the development index (HDI) of all countries on this continent, but at the same time has the highest inequality of income.

3- With a size of 2,381,741 km², Algeria is the largest country in Africa in terms of area.

4- Cairo is the capital of Egypt and consists of the governorates of Cairo and Giza. The city has about 20 million inhabitants. However, the unofficial population of Cairo is much higher, partly due to the high number of illegal immigrants in the city. With about 20 million inhabitants, the entire metropolitan region of Cairo is the largest city in Africa and the Middle East and one of the largest cities in the world. The city is also one of the most polluted cities in the world and has a huge traffic chaos.

Answer:

eastern, Seychelles, Algeria; Lagos, Nigeria

Explanation:

edg 2023

Which of the following statements best describes a similarity between dry climate zones and high latitude zones?
A.
Both have warm temperatures all year.
B.
Both occur only on one continent.
C.
Both experience low levels of precipitation.
D.
Both occur only in coastal areas.

Please select the best answer from the choices provided.

A
B
C
D

Answers

Answer:

C

Explanation:


C.
Both experience low levels of precipitation.

How is today’s weather related to your region climate

Answers

Explanation:

Weather describes the condition of the atmosphere. It might be sunny, hot, windy or cloudy, raining or snowing. Climate means the average weather conditions in a particular location based on the average weather experienced there over 30 years or more.

Weather depends on individual regional climate of area.

What is weather?

The condition of the atmosphere, including its temperature, pressure, wind, humidity, precipitation, and cloud cover, is referred to as the weather. It is distinct from climate, which is the average of all weather events for a certain place over around 30 years.

On the other hand Climate, is totally different concept than weather, is the culmination of the weather patterns that have persisted across a region for an extended period of time.

The troposphere, the lowest part of the atmosphere that reaches 6-8 km (4-5 miles) at the poles and around 17 km (11 miles) at the equator, is where weather, as it is most frequently understood, takes place.

Therefore the degree of weather changeability varies greatly across the globe. It is particularly noticeable in the westerly wind's mid-latitude belts, where a typically continuous procession of moving high- and low-pressure centers altering the weather pattern.

To know more about weather refer:

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How did the building of pyramids lead to advances in science and mathematics in Ancient Egypt

Answers

Answer:

The great pyramid reveals phi, pi, Euler's constant, the speed of light, the Fibonacci series, the golden mean and much more, all embedded within its sacred geometry. It seems our science and mathematics are not as advanced as they were when the pyramids were built.

¿En qué medida la guerra civil de 1829 representa una lucha ideológica?

Answers

Explanation:

Ideology is described as a collection of more or less structured concepts that identify a community, the goals sought on their behalf, and a course of action. Ideology is significant in two ways.

To begin with, it is useful for armed organisations in socialising soldiers with disparate objectives into a cohesive group, reducing principal-agent issues, and prioritising competing aims.

Some individuals of terrorist organizations act on moral convictions in ways that are not reducible to utilitarian reasoning, while others limit their strategic options for altruistic purposes, which are frequently normative considerations dictated by their ideology.

Why are there glaciers near the equator?

Answers

Answer:

It's possible that glaciers exist at the Equator if they are at high enough in elevation that the air becomes cold again and snow can fall

Explanation:

what is absolute location

Answers

Answer:

A place at it's exact place on earth

Answer:

Explanation:

Here's what absolute location is and how to find your location at any time. Absolute position refers to a specific, fixed point on the surface of the Earth represented by a scientific coordinate system. It is more accurate than relative location, describing the location of a place using other nearby locations

In two or more sentences describe a procedure to increase the deposition of sediments at the mouth of a stream. Write your answer in your own words

Answers

Answer:

A sediment is any solid material that is moved and deposited in a new place and can be anything from rocks, or the remains of plants and animals.

Therefore, one way of increasing the deposits of sediments at the mouth of a stream is by reducing the amount of vegetation living near the stream.

By doing this, there is no more cover for the soil and this causes erosion to occur and then the stream carries the loose sediment.

a dot map is used to represent population data true or false​

Answers

Answer:

True because a dot map is more specific compared to other forms of representation. They also show spatial patterns.

Explanation:

A dot map is more specific compared to other forms of representation. They also show spatial patterns.

Answer:

True because a dot map is more specific compared to other forms of representation. They also show spatial patterns.

Explanation:

give an account of the northern plains of India.​

Answers

Answer:

The northern plain has been formed by the interplay of the three major river systems, namely– the Indus, the Ganga and the Brahmaputra along with their tributaries. This plain is formed of alluvial soil. The deposition of alluvium in a vast basin lying at the foothills of the Himalaya over millions of years, formed this fertile plain. It spreads over an area of 7 lakh sq. km. The plain being about 2400 Km long and 240 to 320 Km broad, is a densely populated physiographic division. With a rich soil cover combined with adequate water supply and favourable climate it is agriculturally a very productive part of India

What language is spoken by the largest number of Indian people?

a.

Bengali

c.

Hindi

b.

Sanskrit

d.

Arabic

Answers

C.Hindi is the most spoken language in India

Answer:

C. Hindi

Explanation:

Over 528 million native speakers

What are the Political impacts of chocolate?

Answers

Answer:

The big issues in that chocolate you like so much: low prices for farmers, unsustainable practices, child labor.  These are still with us.

European governments and legislators urged to help cocoa farmers as prices continue to fall in West Africa:  Fairtrade urges EU to implement regulation to recognise the right to living income in cocoa sector in any forthcoming human rights due diligence regulation, as European Cocoa Association calls for an ‘enabling environment’ across the industry.

If a map has a scale of 1 cm: 500 kilometers and the distance from Kingston to Port-Au-Prince, Haiti is 8 centimeters, then how far is the actual distance between Kingston and Port-Au-Prince?

Answers

Answer:

4000 kilometers

Explanation:

1 cm equal 500 kilometers

8 cm equals 4000 km

Which type of model is represented in the following image?
Graph
Map 3
Dimensional
Small-scale object

Answers

Answer:

the answer is map

Explanation:

it is a map of america

ACT scores of a sample of UTC students are shown below. Student ACT Score A 22 B 28 C 20 D 21 E 28 F 23 G 26 a. Compute the mean and the variance. B. At 95% confidence, test to determine whether or not the variance of the ACT scores of the population of UTC students is significantly more than 8.

Answers

Solution :

a). Let  x denotes ACT scores.

ACT scores = [tex]$\{ 22,28,20,21,28,23,26 \} ; n = 7$[/tex]

Mean, [tex]$(\overline x)=\frac{\sum x_i}{n}$[/tex]

                [tex]$=\frac{168}{7}=24$[/tex]

Sample variance, [tex]$S^2=\frac{1}{n-1}\left(\sum x_i^2-n\overline x^2 \right)$[/tex]

                                  [tex]$=\frac{1}{6}(4098-7 \times 24^2)$[/tex]

                                   [tex]$=\frac{66}{6}$[/tex]

                                   = 11

b). To test whether or not variance of ACT scores of population (say [tex]$\sigma^2$[/tex]) of the UTC students is significantly more than 8.

Consider the hypothesis :

[tex]$H_0: \sigma^2 \leq8$[/tex]  vs [tex]$H_a: \sigma^2 >8$[/tex]

It is a right tailed test and α = 0.05

We have

[tex]$x^2_{n-1} = \frac{(n-1)s^2}{\sigma^2}$[/tex]

So test statics is

[tex]$x^2_7=\frac{(7-1)11}{8}$[/tex]

   [tex]$=\frac{6 \times 11}{8}$[/tex]

   = 8.25

Since our [tex]\text{test statistics is less than the critical value }[/tex]and it falls in a acceptation region, hence we fail to reject [tex]$H_0$[/tex] and conclude that variance is not greater than 8 significantly.

Other Questions
The size (number of bytes) of a structure-type variable can be changed by the following factors. Select all that apply. Group of answer choices changing the orders of the members in the structure. adding a member into the structure. changing an int-type variable to a pointer-type variable. changing the computer from a 32-bit to a 64-bit processor. Which of the following is a function (job) of proteins?Select all that apply.A . Proteins act as antibodies to defend the body from harmful substances. B . Protein act as the main fuel source for cellsC. Proteins build structures such as muscles .D . Proteins help to speed up chemical reaction in the cell . 12. A is the point with coordinates (1,3)Bis the point with coordinates (-2, -1)The line L has equation 3y = 4 - 2xIs line L parallel to AB?Show your working clearly. Sometimes people state that speed and velocity are the same. People make such a mistake because they forget that velocity describes both speed and Exaggeration frequently generatesA. awareness of our mortality B. humor C. spiritual knowledge D. insight into a characters most intimate thoughts PLEASE HELPIf the absolute value represents the distance from zero, can we have a negative distance? find the next two terms. & choose the correct type of sequence. " ANG ALAMAT NG BULKANG MAYON"1. Ilarawan si Rajah Makusog bilang isang ama?a) . Masungit at mapangalipusta sa mga kalahi b).Isang mabuti at maunawaing amac). Isang masipag at makisig na ama d) . Isang tamad madamot na ama 2. Sa paanong paraan niligawan ni Pagtuga si Daragang Magayon?a) . Binibigyan niya ng masasarap na pagkainb.) Nagreregalo siya ng mga prutas at gulay kay Rajah Makusogc.) Nagbibigay siya ng mamahaling regalo sa uma ni Daragang Magayon d) . Lahat ng nabanggit3. Ano ang talagang nais ni Rajah Makusog para sa kanyang anak na si Daragang Magayon?a) Katalinuhanb).Kagandahan c).kayamanan d)Kaligayahan 4. Ano ang ginawa ni Pagtuga nang makarating sa kaniya ang balitang nalalapit na kasal ni Panganoron at Magayon? a). Itinapon muli ni Paglaga si Daragang Magayaon sa llog Yawab) . Lubos siyang nasiyahan kaya ipinaubaya na niya ang kanyang pagmamahal para kay Daragang Magayon kay Panganoron c) Binalewala niya ang balitang kanyang narinigd) . Lubos siyang nagalit at gumawa siya ng paraan upang mapigilan ang nalalapit na ko nina Panganoron at Magayon prepare a speech on the role of skillfull manpower for the development of the nation Which choice provides the best objective summary of the excerpt which choice belongs in space number 4 The slope of a line is -, and the y-intercept is 10/3. What is the equation of the line written in general form? What is the HFC of the following: 4 (x2-x+1) and 28 (x3+1)? A gardener wants to plant 875 roses in the garden. Can he plant them in rows having 7 plants each without any plants left? Justify your answer. * Laura's Pizza Place incurs $800,000 per year in explicit costs and $100,000 in implicit costs. The restaurant earns $1.3 million in revenues. Based on this information, what is accounting profit for Laura's Pizza Place If R1 and R2 are in parallel and R3 is in series with them then equivalent resistance will be list Athenas important family members A steel cable lying flat on the floor drags a 20 kg block across a horizontal, frictionless floor. A 100 N force applied to the cable causes the block to reach a speed of 4.2 m/s in a distance of 2.0 m.What is the mass of the cable? The following selected transactions apply to Topeca Supply for November and December Year 1. November was the first month of operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month. a. Cash sales for November Year 1 were $65,500 plus sales tax of 9 percent. b. Topeca Supply paid the November sales tax to the state agency on December 10, Year 1. c. Cash sales for December Year 1 were $79,500 plus sales tax of 9 percent.Required: Record the effect of the given transactions in a horizontal statements model. Which of these expressions is equivalent to log (9.4)?O A. log (9) + log (4)O B. log (9) - log (4)O c. 9. log (4)O D. log (9) log (4)