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Topic: GDP


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GNP

In the News (Fri 24 May 19)

  
  Gross domestic product - Wikipedia, the free encyclopedia
GDP measures only final goods and services, that is those goods and services that are consumed by their final user, and not used as an input into other goods.
GDP per capita is often used as an indicator of standard of living in an economy.
GDP is intended to be a measure of particular types of economic activity within a country.
en.wikipedia.org /wiki/GDP   (2802 words)

  
 ET 12/96: Measuring progress
GDP is the standard measure of the nation's total economic activity, and it is assumed to translate directly into well being.
GDP makes no distinction between the secure skilled worker in a high-paying job and the recently-laid-off worker who is holding down two jobs without benefits just to make ends meet.
GDP treats pollution as a double positive - it is counted as a gain when it is first created as a by-product of some other activity, and it is counted as a gain again when society pays to clean it up.
www.sdearthtimes.com /et1296/et1296s1.html   (1383 words)

  
 MSN Encarta - Gross Domestic Product
GDP may be calculated in three ways: (1) by adding up the value of all goods and services produced, (2) by adding up the expenditure on goods and services at the time of sale, or (3) by adding up producers’ incomes from the sale of goods or services.
However, it is difficult to measure GDP precisely, partly because every country has an unofficial economy, often called a fl economy, that consists of transactions not reported to government.
If GDP grows at a higher rate than the population, standards of living are said to be rising.
encarta.msn.com /encyclopedia_761588125/GDP.html   (392 words)

  
 Foolish Feature, 01/30/98: A Thing Called GDP, by Alex Schay
GDP is also the primary method by which other countries measure their output, according to international guidelines set forth in the System of National Accounts.
However, in the GDP quarterly report the net export balance is indeed positive due to "invisibles" such as freight and insurance, which together compensate for the large deficit in goods and services and ultimately contribute to 11% of GDP.
The GDP is published by the Bureau of Economic Analysis (a bureau within the Department of Commerce) between the 21st and 30th of the month on a quarterly basis, with revisions occurring monthly.
www.fool.com /Features/1998/980130ThingCalledGDP.htm   (1140 words)

  
 Economic Indicators - Gross Domestic Product - GDP
The GDP is perhaps the greatest indicator of the economic health of a country.
GDP indicates the pace at which a country's economy is growing (or shrinking).
GDP is considered the broadest indicator of the economic output and growth.
www.investopedia.com /university/releases/gdp.asp   (337 words)

  
 What's Wrong With The GDP?
Since the GDP records every monetary transaction as positive, the costs of social decay and natural disasters are tallied as economic advance.
Since the GDP first added the economic activity that generated that waste, it creates the illusion that pollution is a double benefit for the economy.
This wide and growing divergence between the GDP and GPI is a warning that the economy is stuck on a path that imposes large—and as yet unreckoned—costs onto the present and the future.
dieoff.org /page11.htm   (1956 words)

  
 business.iafrica.com | business news GDP up 3.9% in second quarter
On a year-on-year basis second quarter 2004 GDP was up 2.5 percent from the first quarter's revised 2.1 percent from the previous estimate of 1.9 percent year-on-year.
However, combined with the upward revision in the first quarter GDP figure, this means that the outlook for growth remains largely the same.
GDP growth for 2004 remains on track for 2.6 percent.
business.iafrica.com /news/344699.htm   (677 words)

  
 Map & Graph: Countries by Economy: GDP (per capita)   (Site not responding. Last check: 2007-10-21)
GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations.
GDP per capita PPP, real GDP growth rate, total tax burden and unemployment rate are BY FAR the most important economic indicators and are all in favor of the USA.
Comparing GDP per capita may be an inaccurate measure of wealth, but most people would agree that, for the average worker, the standard of living is higher in Luxembourg than in Vietnam, Kenya or El Salvador.
www.nationmaster.com /graph-T/eco_gdp_cap   (4823 words)

  
 News Release: Gross Domestic Product
The deceleration in real GDP growth in the second quarter primarily reflected a downturn in private inventory investment that was partly offset by a downturn in imports and an acceleration in exports.
GNP includes, and GDP excludes, net receipts of income from the rest of the world, which decreased $3.6 billion in the second quarter after increasing $2.4 billion in the first; in the second quarter, receipts increased $21.3 billion, and payments increased $24.9 billion.
Measures of real GDP and its major components are also presented in dollar-denominated form, designated "chained (2000) dollar estimates." For most series, these estimates, which are presented in table 3, are computed by multiplying the current-dollar value in 2000 by a corresponding quantity index number and then dividing by 100.
www.bea.gov /bea/newsrel/gdpnewsrelease.htm   (9341 words)

  
 The Hindu Business Line : GDP: Don't count on it
GDP takes no account of increasing inequality, pollution or damage to people's health and the environment.
It is utterly galling that successive governments in India, all of which have made ringing pronouncements about bringing the national economy into the 21st Century, continues to use an artifact of history as the touchstone of economic policy.
The origin of GDP can be traced to Tomas Petty who, in 1655, set out to render the national accounts of England in order to evaluate the taxable capacity of that country.
www.thehindubusinessline.com /2004/06/30/stories/2004063000161100.htm   (1091 words)

  
 GDP: us gdp, china gdp, world gdp   (Site not responding. Last check: 2007-10-21)
This article answers to the questions: list the components of the expenditure approach to measuring gdp, usa yearly gdp, gdp+income approach+india, gdp and standard of living, method inflation rate>gdp, gdp usa, real gdp/capita on usa, real gdp growth rate in the us, effect of gdp in malaysiagdp disadvantagewhat is called gdp rate
In economics, gross domestic product (GDP) is a measure of the value of economic production of a particular territory in financial capital terms during a specificied period.
Negative externalities aren't subtracted from the GDP figure.
wikipedia.openfun.org /wiki/GDP   (2656 words)

  
 Gross Domestic Product Definition   (Site not responding. Last check: 2007-10-21)
The GDP report is released at 8:30 am EST on the last day of each quarter and reflects the previous quarter.
Growth in GDP is what matters, and the U.S. GDP growth has historically averaged about 2.5-3% per year but with substantial deviations.
Each initial GDP report will be revised twice before the final figure is settled upon: the "advance" report is followed by the "preliminary" report about a month later and a final report a month after that.
www.investorwords.com /2240/Gross_Domestic_Product.html   (384 words)

  
 Global Exchange : gdp.html
The GDP has no way of assessing the value of natural resources until they enter the monetary economy, or in other words, are consumed.
The trees in an old-growth forest that provide numerous services to humans and animals alike are worth nothing to the GDP until they are cut down for timber, at which point the GDP has no way of accounting for the loss of their services.
In short, the GDP values growth at all costs over the things that really matter to people, such as clean air and water, a healthy and safe community, and the free time to enjoy them.
www.globalexchange.org /economy/econ101/gdp.html   (509 words)

  
 Definitions Country Codes geographic.org Courty Profiles - Flags, Maps, Economy, Geography, Climate, Natural Resources, ...
GDP methodology: In the Economy section, GDP dollar estimates for all countries are derived from purchasing power parity (PPP) calculations rather than from conversions at official currency exchange rates.
Most of the GDP estimates are based on extrapolation of PPP numbers published by the UN International Comparison Program (UNICP) and by Professors Robert Summers and Alan Heston of the University of Pennsylvania and their colleagues.
Note: the numbers for GDP and other economic data can not be chained together from successive volumes of the Factbook because of changes in the US dollar measuring rod, revisions of data by statistical agencies, use of new or different sources of information, and changes in national statistical methods and practices.
www.theodora.com /wfb/wfb2000/definitions.html   (9447 words)

  
 What is up with the GDP? - Mises Institute   (Site not responding. Last check: 2007-10-21)
The GDP framework gives the impression that it is not the activities of individuals that produce goods and services, but something else outside these activities called the "economy." However, at no stage does the so-called "economy" have a life of its own independent of individuals.
The GDP framework cannot tell us whether final goods and services that were produced during a particular period of time are a reflection of real wealth expansion, or a reflection of capital consumption.
Notwithstanding this, the GDP framework is in big demand by governments and central bank officials since it provides justification for their interference with businesses.
www.mises.org /fullstory.aspx?control=770   (1851 words)

  
 Gross Domestic Product (GDP)
The GDP is an economic number that tells us the total value of all the final goods and services produced by resources located in the country you live in during a period of one year.
The GDP is also important for determining the domestic economic policies and monetary policies, such as the Federal Reserve's position on interest rates.
The GDP has a few small flaws in it but it is, overall, a very good number to look at when you're determining the state of the economy.
www.teenanalyst.com /economics/gdp.html   (468 words)

  
 Places and Production: Economics Lesson
Although GDP does not account for differences in the types of goods produced, nor for differences in the distribution of income, GDP per capita (GDP divided by population) is often used to compare the economies of countries and the well-being of their citizens.
They identify regions with high and low GDP per capita and suggest reasons why the well-being of people may be overestimated in countries with high GDP per capita and underestimated in countries with low GDP per capita.
GDP is the total market value of all the final goods and services vices produced in an economy in a given year.
ecedweb.unomaha.edu /lessons/feogx.htm   (1127 words)

  
 GDP second-quarter growth slows to 2.8% - Aug. 27, 2004
GDP, the broadest measure of the nation's economic activity, grew at an annual growth rate of 2.8 percent in the second quarter, the Commerce Department said, versus its preliminary reading of 3 percent growth late last month.
The chain deflator, a closely watched inflation measure, was unchanged at a 3.2 percent annual rate of increase, the same as economists' forecasts.
The index for prices paid excluding volatile food and energy was up at an annual 1.7 percent, showing inflation even more in check from the initial 1.8 percent estimate for the second quarter and the 2.1 percent rise posted in the first quarter.
money.cnn.com /2004/08/27/news/economy/gdp   (521 words)

  
 Econoday Report: Gross Domestic Product  30, 2005
The GDP deflator was revised 2 tenths higher to 2.3%.
First-quarter GDP growth will be the new talk, with some estimates as high as 4%.
Real GDP growth is always quoted at a quarterly annual rate.
premium.econoday.com /reports/US/EN/New_York/gdp/year/2005/yearly/03   (311 words)

  
 India's Q3 GDP spurts to 10.4%
Aided by a turnaround in the agriculture sector, the country's GDP growth shot up to 10.4 per cent during the third quarter of the current financial year as against 8.4 per cent growth registered during the second quarter of 2003-04.
According to figures released by the Central Statistical Organisation, quarterly GDP at factor cost at constant (1993-94) prices for Q3 of 2003-04 is estimated at Rs 3,86,627 crore (Rs 3,866.27 billion) as against Rs 3,50,290 crore (Rs 3,502.90 billion) in Q3 of 2002-03, showing a growth rate of 10.4 per cent.
The high GDP has been made possible by a 7.4 per cent growth in manufacturing sector and 16.9 per cent growth in "agriculture, forestry and fishing" sector.
in.rediff.com /money/2004/mar/31gdp.htm   (349 words)

  
 Gross Domestic Product
In the first year the value of output or GDP is $1000, and in the second year GDP is $1120.
GDP has risen by 12% from the first year to the second, but this increase is only partially due to additional output.
Also, notice that the GDP deflator is not identical with the CPI but provides an alternative to the CPI as a measure of inflation.
ingrimayne.saintjoe.edu /econ/Measuring/GNP1.html   (976 words)

  
 The First Measured Century: Book: Section 14.1
When the real GDP is divided by the number of people in the U.S. population, an approximate measure of the nation’s standard of living is obtained.
Even during the decade of the Depression, 1929—1939, the per capita GDP actually increased 2 percent, overcoming a sharp drop in the early years of the decade.
The extraordinary growth in GDP per capita was caused primarily by growth in inputs to the economy: more energy, more capital, better-educated workers, and research and development that produced better technologies.
www.pbs.org /fmc/book/14business1.htm   (273 words)

  
 Genuine Progress Indicator   (Site not responding. Last check: 2007-10-21)
Below are a list of problems with the GDP measure followed by the factors included in the GPI measure of well-being.
GDP ignores the non-market economy of household and community.
This wide and growing divergence between the GDP and GPI is a warning that the economy is stuck on a path that imposes large -- and as yet unreckoned -- costs onto the present and the future.
www.cyberus.ca /~sustain1/Question/GPI.html   (2035 words)

  
 Gross Domestic Product (GDP)
The GDP report also includes inflation information in the form of data on a number of Price Deflators of GDP and its components.
The GDP for a given quarter is released in the first month following a quarter as the "advance estimate".
The five main components of the GDP are: (private) consumption, fixed investment, change in inventories, government purchases (i.e.
pages.stern.nyu.edu /~nroubini/bci/GDP.html   (582 words)

  
 U.S. economic growth slows - Jul. 31, 2002
But the report, coming on the heels of a survey Tuesday that showed weaker than expected consumer confidence, coupled with a report later Wednesday that showed less growth in Midwest manufacturing than forecast, raised concerns about the outlook for a recovery the second half of the year and helped send U.S. stock markets lower.
The GDP report showed a 5 percent annual growth rate in residential real estate investment in the quarter, although that was down from the 14.2 percent growth rate in the first quarter.
The government's revised GDP readings for 2001 confirmed what had been widely acknowledged by economists -- that the U.S. economy underwent a recession last year, which is defined as two or more quarters of declines in economic activity.
money.cnn.com /2002/07/31/news/economy/economy   (1163 words)

  
 Gentoo Linux Projects -- Gentoo Documentation Project
The Gentoo Documentation Project (GDP) is the official project of the Gentoo project responsible for the creation and maintenance of all official Gentoo documentation.
The GDP is not a closed team of any sorts, but instead an open community committed to critiquing, and possibly integrating, viable user documentation.
The GDP is committed to remaining a free and open project, and will abide by the Social Contract set forth by the Gentoo Project.
www.gentoo.org /proj/en/gdp   (430 words)

  
 GDP Practice
Remember GDP is the total (gross) measured output produced (product) within a country (domestic) during a certain time frame.
GDP excludes non-measured output such as illegal transactions (e.g.
GDP must fall into either C, G, I, G, or X categories by the expenditures approach (Consumption, Government, Real Investment = final capital goods, or Net Exports = Exports-Imports).
www.towson.edu /~jpomy/gdp.html   (868 words)

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