shaby
May 4 2004, 08:25 AM
wat is gdp
i know it means gross domestic product, but what is it used for and what is it.
Ajgir
May 4 2004, 09:35 AM
| QUOTE (shaby @ May 4 2004, 08:25 AM) |
wat is gdp
i know it means gross domestic product, but what is it used for and what is it. |
shabby,
GDP (current $)
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Source: World Bank national accounts data, and OECD National Accounts data files.
Peace
shaby
May 4 2004, 10:38 AM
lol
i dident understand none of that.
can u explain it bettr
PAF FIGHTER
May 5 2004, 02:20 AM
just see it this way.........
GDP--gross domestic production...that's total volume of production in a particular country!It means indian GDP is 640billions$,then india produces 640billions$ worth of goods and various otherthings measured in money term!
shaby
May 6 2004, 03:45 AM
wat is gnp then
DasBoot42
May 6 2004, 04:02 AM
| QUOTE (shaby @ May 6 2004, 03:45 AM) |
| wat is gnp then |
GNP takes into account the value of goods and services produced by a nations citizens living outside its borders. In the context of Pakistan the GNP will take into account all Pakistanis citizens value plus the the GDP, and hence you get GNP.
Basically GDP is calculated using only the citizens phyisically within a country.
And GNP takes into account citizens living in foriegn countries.
Damn kiddo, how old r u? Forgive my abrupt frankness but you seem dull as a nail. Get an education!!!!!!!
shaby
May 6 2004, 06:35 AM
| QUOTE (DasBoot42 @ May 6 2004, 04:02 AM) |
GNP takes into account the value of goods and services produced by a nations citizens living outside its borders. In the context of Pakistan the GNP will take into account all Pakistanis citizens value plus the the GDP, and hence you get GNP.
Basically GDP is calculated using only the citizens phyisically within a country.
And GNP takes into account citizens living in foriegn countries.
Damn kiddo, how old r u? Forgive my abrupt frankness but you seem dull as a nail. Get an education!!!!!!! |
ur mums dull as a nail
garnett21
May 6 2004, 09:45 AM
| QUOTE |
| ur mums dull as a nail |
Shabby i think thats uncalled for buddy....i mean Dasboot have point.
DasBoot42
May 6 2004, 11:12 PM
| QUOTE (shaby @ May 6 2004, 06:35 AM) |
| ur mums dull as a nail |
Your 2 cent whore mom takes my "personnal nail" everyday, twice a day, in places I cant even mention! You dumb ass retarded nibwit! Chumps like you need to stop playing with yourself and instead hit some books instead of hittin it with your left hand!
Degenerate dog!!!
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