Answer Posted / devendra kumar
GDP STANDS FOR GROSS DOMESTIC PRODUCT. IT MEANS ALL THE
PRODUCTION OF GOODS AND SERVICES IN A COUNTRY DURING A YEAR
IS MEASURED IN MONETARY VALUE. THAT IS CALLED GDP. I HAVE A
LITTLE CONCEPT. IF SOMEONE CAN DEFINE IT VERY WELL THEN HE
IS MOST WELCOME
in other way we can define this in the method
GDP=CONSUMPTION+GOVT. EXPENCE+(EX PORT-IMPORT)
Is This Answer Correct ? | 6 Yes | 2 No |
Post New Answer View All Answers
What is SIDBI & what are its function?
A system of 'fiat money' is being used in india. What is that?
What do you know about BRIC countries?
Name the basic documents that a person requires to open an account?
Why trading?
1. What is Discount Rate? 2. Does it depends on place/condition where we are using it? 3. Discount Rate = Repo Rate or Bank rate?
Do you think role of leaders and managers is same?
Why do you want to enter banking Industry?
jam topic on nuclear family vs. joint family
What Is The Difference Between Cost And Expense?
Throw some light on Aam Admi Party?
Have you ever done anything regarding your weaknesses?
Do you know how SLR is determined?
What are limited liability companies? What are its two types?
What are the functions of SEBI?