National income is a measure of the total value of goods and services produced in a country over a given period‚ usually a year. Simply‚ it is the total amount of income earned by the citizens of a nation. The term national income normally refers to the Gross National Product (GNP) of a country in a given year. GNP is a measure of the total market value of final goods and services produced by all the citizens of a nation in a year. There are three main approaches to measuring National Income
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the practice of running deficits in all phases of the business cycles is problematic because it indicates a structural deficit caused by an inability or unwillingness of the American government to live within its means2‚3. Economists to measure the national debt because it is an indicator of a nation’s ability to repay its debt use debt-to-GDP ratio‚ because it compares the amount owed to the amount that the nation produces per year. While the current debt-to GDP ratio is below the post World War II
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bonds of unity in India. These bonds of unity may be located in a certain underlying uniformity of life as well as in certain mechanisms of integration. Herbert Risley‚ Census Commissioner in 1911 has rightly observed‚ “Beneath the manifold diversity of physical and social type‚ language‚ custom and religion which strike the observer in India there can still be discerned a certain underlying uniformity of life from the Himalayas to Cape Comorin”. India has never lost the ideal of unity. From time
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CASE STUDY - PEPSI: PROMOTING NOTHING QUESTION 1: What markets should Pepsi target for Aquafina? Pepsi Cola and Coca-Cola have been competing with each other for many years through numerous taste tests and television ads. One of the ideas they came up with is water. In the early 1990s Evian and Perrier were the brands that dominated the niche and helped establish bottled spring water’s clean‚ healthy image. Pepsi first tried to attack this market with bottled and sparkling water but failed. In
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was declared a national park in 1982 and now it is a World Heritage Site. Valley of Flowers National Park is an Indian national park‚ located in West Himalaya‚ in the state of Uttarakhand and is known for its meadows of endemic alpine flowers and the variety of flora. This richly diverse area is also home to rare and endangered animals‚ including the Asiatic black bear‚snow leopard‚musk deer‚brown bear‚ red fox‚and blue sheep. The gentle landscape of the Valley of Flowers National Park complements
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NATIONAL INCOME:- What is National Income? National Income is the sum that is total money value of all the goods and services produced in one accounting year. So when we talk about goods and services we are only talking about the final goods and services and not the semi processed‚ when we take the money value of all the goods and services produced within the domestic boundary on India only and to not other countries. CONCEPTS OF NATIONAL INCOME IN TERMS OF MARKET PRICE:- 1) Gross Domestic
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Executive Summary As National Bicycle transitions to the production of a customized bicycle‚ employing a concept of mass customization‚ the Company must ensure that its supply chain is responsive enough to handle the characteristics of an innovative product. Demand will be highly unpredictable and the final product‚ with over 2 million options‚ will also be unpredictable. Given National Bicycle’s current high level of automation‚ the transition to the POS system should be smooth. Its current
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National Geographic and CNN: A better look at the world. There is no other more diverse magazine or channel than National Geographic and CNN. For decades National Geographic has captured the world stories and its cultures bringing them to everyone who ever wondered about the world they live in. National Geographic is continuously demonstrating to the people of the world how diverse it really is. When reading or watching National Geographic‚ anyone can now open their mind and expose it
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NBER WORKING PAPER SERIES THE DETERMINANTS OF NATIONAL COMPETITIVENESS Mercedes Delgado Christian Ketels Michael E. Porter Scott Stern Working Paper 18249 http://www.nber.org/papers/w18249 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 July 2012 The authors would like to acknowledge invaluable guidance from Antonio Ciccone‚ and essential data analysis by Rich Bryden. Albert Bravo-Biosca‚ Aart Kraay and Giuseppe Iarossi offered very helpful suggestions
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A Case Study on the Masala sector in Pakistan( (With Reference to National Foods) Introduction The food and its allied products industry is considered Pakistan’s largest industry‚ and is believed to account for 27 percent of its value-added production. Trade sources estimate the sector’s total value of production is over Rs.46 billion. Pakistan’s food industry produces cooking oils‚ hydrogenated vegetable oils‚ sugar‚ flour‚ dairy products such as milk‚ butter‚ yogurt‚ cheese and ice-cream‚ biscuits
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