GDP vs GNP GDP (or Gross Domestic Product) and GNP (Gross National Product) represent the size and strength of the economy. While both concepts are similar‚ their definition‚ calculation and applications are different from each other. Comparison chart All attributes Differences Similarities Improve this chart | GDP | GNP | Definition: | An estimated value of the total worth of a country’s production and services‚ calculated over the course on one year | GDP (+) total capital gains
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COUNTRIES Country GDP per capita growth (CAGR) GDP per capita at starting point (% of US) China (1990-97) 10.0 5 Korea (1970-85) 8.2 6 Thailand (1985-95) 7.8 10 Indonesia (1988-97) 5.9 6 India (1993-99) 4.2 4 Source: World Development Indicators; The Economist (2000) Exhibit 3.2 20000211DL-ZXL350_8(ECO-PERF) Indexed to US in 1996 = 100‚ 1990-99 BREAK-UP OF INDIAN GDP PER CAPITA Labour productivity 100 36 29 GDP per capita 22
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India GDP Composition Sector Wise The Gross Domestic Product or GDP is the indicator of the performance of an economy. According to the estimates of 2008‚ India’s GDP is $1.209 trillion and this is slated to make improvement in the coming times. It is estimated that India’s GDP will grow by 6.5% in the year 2009. In 2008 the country’s GDP was 9%; the slowdown that has been witnessed this year in the estimates is largely due to the slowdown witnessed by the agriculture and the industrial sectors.
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Compare and contrast Plato and Aristotle on well-being. Well-Being: The state of being healthy happy or prosperous. It seems obvious to suggest that the goal we all are aiming at is total happiness; total success and fulfillment. In the Nichomachean ethics‚ Aristotles’ main aim is to provide a description of what this so-called happiness actually is‚ and how we can go about our day to day lives in order to achieve the best life that we possibly can. He begins book one with what philosophers
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Do you think that the government should provide gas money for college students? For many years there has been a debate about providing gas money to college student. Some people think that they should provide gas money to college students while other people thing that they shouldn’t. However‚ I believe that they should provide gas money to students because some students come from a low income family and they are not able to attend to school. First of all‚ I think that providing gas for college
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themselves and their needs. Young believed that population was not predictable but wanted. He argues when it comes to the homogeneous public it leads to oppression‚ because of the results from the people voting for the public’s well-being. Young says that the public’s well-being is chosen by what the majorities’ wants and needs. “In society where some groups are privileged while others are oppressed‚ insisting that as citizens persons should leave behind their particular affiliations to adopt a general
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Is Economic Globalization Good for Humankind? Vernon P. Bolt Webster University BUSN 4300 Business Ethics March 7‚ 2013 Dr. Kathy S. Quinn Abstract I think free trade is good for the world‚ because it promotes stability. Free trade and economic globalization is good for the world‚ overall. It does mean transfers of some wealth and movement of a lot of jobs‚ which means adjustments and sometimes painful transitions in affected economies. But‚ as various nations are more closely intertwined‚ there
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to Clarisse’s question: “Have you ever read any of the books you burn?” 5. What do Clarisse and Montag argue about? What does Clarisse tell Montag that firemen used to do? 6. Explain the significance of Clarisse’s speech about “blurs.” Why are billboards 200 feet long? 7. Why was Clarisse’s uncle arrested? What does this indicate about the society in which they live? 8. What question finally offends Montag? 9. What does his encounter
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Market Potential Indicator Several indicators are used in developing this Market Potential index. According to Global Edge‚ these indicators are market size‚ market intensity‚ growth rate‚ consumption capacity‚ commercial infrastructure‚ receptivity‚ economic freedom and country risk (Market Potential Index‚ 2014). Measures used to calculate market size is urban population and electricity consumption. GNI per capita and private consumption as a percentage of GDP were the measures used to calculate
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1. Do you think the Harley deal was too one-sided? Why or why not? No. I do not think that the Harley deal was too one-sided. In fact‚ I think that the deal benefited both the union and Harley-Davidson. The union was able to stop the layoff of all 2000 union members. They were also able to guarantee a seven-year employment contract for 1000 of the union members that were going to be terminated. In return‚ Harley-Davidson was able to keep their York plant open as well as eliminate a few job classifications
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