gdp
DESCRIPTION
GDP. Gross Domestic Product. What is GDP?. One of the major measures of the health and growth of a nations economy. ( economic indicator ) The output of final goods and services (expressed in currency) produced by labor and property in a country. - PowerPoint PPT PresentationTRANSCRIPT
One of the major measures of the health and growth of a nations economy. (economic indicator)
The output of final goods and services (expressed in currency) produced by labor and property in a country.
What residents in a country produce for end consumption, not as an input into another final good.
What are the problems in measuring the GDP? How does the GDP affect the individual? How does your personal spending affect GDP? How do world events affect the GDP? How can advances in technology affect the
GDP? What impact do imports have on the GDP? Why is GDP important in helping marketers
identify emerging global markets? How do small businesses help contribute to
the United States' GDP?