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Top 10 Country GDP Ranking History (1960-2017)
 
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This video shows the Top 10 countries with highest GDP from 1960 to 2017. This country GDP ranking includes countries such as, United States, China, Japan, Germany, United Kingdom, etc. Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Data Taken from: https://www.worldbank.org Future Top 10 Country GDP Ranking (Part 2): https://youtu.be/T9l2yCH5wBk Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 689870 WawamuStats
Top 20 Country GDP (PPP) Ranking History (1980-2023)
 
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This video shows the Top 20 countries with highest GDP PPP from 1980 to 2023. The ranking includes superpowers, such as United States, China, Japan, India, and Germany. It also compares the total GDP (PPP) of different continents from the Top 20 countries, mostly North America, Europe, and Asia. Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Music: Home by Whitesand https://www.youtube.com/watch?v=3r8gL1vWGx0 Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 1302987 WawamuStats
Future Top 10 Country Projected GDP Ranking (2018-2100)
 
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This video shows the Top 10 countries with highest GDP from 2018 to 2100. The projected GDP ranking includes countries such as United States, China, India, Japan, France, etc. It also shows how Asia will dominate the economy while Europe starts to fall slowly. Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Historical Top 10 Country GDP Ranking (Part 1): https://youtu.be/wykaDgXoajc Data Taken from: https://pardee.du.edu/ Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 539210 WawamuStats
What is Gross Domestic Product (GDP)?
 
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Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way. Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?” Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute. So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1p4ZtxL Next video: http://bit.ly/1mY2bn0 Help us caption & translate this video! http://amara.org/v/HZv3/
Top 10 Country GDP Per Capita Ranking History (1962-2017)
 
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This video shows the Top 10 countries with highest GDP per capita from 1962 to 2017. Most countries are from developed regions in Europe, North America, and Asia. As of 2017, Luxembourg has been regarded as the richest country in terms of GDP per capita. Per capita GDP is a measure of the total output of a country that takes the gross domestic product (GDP) and divides it by the number of people in that country. The Per capita GDP is especially useful when comparing one country to another, because it shows the relative performance of the countries. A rise in Per capita GDP signals growth in the economy and tends to reflect an increase in productivity. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Music: Melody Of My Dreams by Whitesand https://www.youtube.com/watch?v=Si89RLFreaw Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 176680 WawamuStats
Gross domestic product (GDP) Comparison
 
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Comparison of money by countries in US dollars. Not all countries, only some. Source: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) ---My websites----- -Blog: http://alvarograciamontoya.blogspot.com.es/2017/01/producto-interno-bruto-pib-comparacion.html -Facebook: https://www.facebook.com/metaballstudios/
Views: 1040976 MetaBallStudios
Calculating Gross Domestic Product
 
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This video explains how to calculate Gross Domestic Product mathematically and goes through a numerical example. It also shows how to calculate the percentage change in GDP from year to year. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr: http://economistsdoitwithmodels.tumblr.com
Views: 167510 jodiecongirl
Countries GDP Growth Race (1980- 2099)
 
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This is an interesting race between the countries from 1980 to 2099 by GDP ( Nominal). China and India's growth has been incredible in this Race surprassing USA
Views: 55378 Future World
List of countries by share of world GDP (1980-2021)
 
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List of top 10 countries by GDP PPP from 1982 to 2021. Only those countries are ranked which exist today. Some of the countries which dont exist today like USSR has not been ranked.We can see how china which was not even in top 10 in early 1980 grown remarkably and became the biggest economy in the world in 2014. India is also now reducing the gap with USA and is now have the healthy lead of 4th which is only expected to increase.
Views: 85522 Just Data
WHAT IS GDP ?? IN HINDI EXPLAINED
 
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HELLO FREINDS..Is video me hum dekhenge ki GDP ( Gross Domestic Product ) qa hota h. aur kaise koi country apna gdp calculate krti h . asha hai aapko video pasand ayega. Mutual funds,Banking,Finance se related info k liye SUBSCRIBE kijiye. Facebook: https://www.facebook.com/MARKETMAESTROO
Views: 225617 Market Maestroo
India States vs China Provinces GDP Comparison (1993-2017)
 
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This video shows the Top 20 provinces/states with highest GDP in India and China from 1993 to 2017. Indian states had relatively similar GDP back in the 1990s, but as China joined WTO in 2001, its provinces' GDP increased drastically ever since. However, due to the recent trade war between China and USA, Chinese provinces' GDP growth rate could suffer. Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Music: Origin Reprise by TheFatRat https://www.youtube.com/watch?v=GaLMjJZlEzk Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 226127 WawamuStats
China Provinces vs US States GDP Comparison (1997-2017)
 
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This video shows the Top 10 provinces/states with highest GDP in the US and China from 1997 to 2017. US had been dominating in the early 2000's, but the trend starts to shift to Chinese provinces in the early 2010's, which signifies a new era for China. Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 81247 WawamuStats
03 UNDERSTANDING GROSS DOMESTIC PRODUCT
 
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Check out the entire free forex course (in process): http://www.informedtrades.com/f7/ The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This is the 3rd vid in the fundamentals section- a section that applies, not just to forex, but to all markets, or those simply interested in economics. Practice forex trading with a free virtual trading account. Simulates forex trading with real time charts and live price feeds. http://bit.ly/IT-forex-demo3 VIDEO Text: The Gross Domestic Product. The Gross Domestic Product, or GDP, is the total market value of all goods and services produced in a country within a year, including production of any foreign-owned companies operating inside that country. So, what they do is they take all the goods, all the services, and everything the country produces in a year, add up the value of all that and come up with one big number and that is the GDP. Here in the United States, the GDP is recorded by the United States Department of Commerce, and its reported every three months. Looking at a pie chart, you can see the GDP broken down. It consists of about one-third of housing, about 20% of transportation, 13% is food, about 11% is insurance premiums and pensions, about 9% is pensions and social security, 6%s health care, and the rest is entertainment, apparel and services, cash contributions, education, alcohol and smoking supplies, personal care products, reading, and other miscellaneous items. Here in the United States we have the largest GDP in the world by far. In fact, we are about three times as big as Japan and four to five times as big as Germany, the third largest. When there is an increase in the GDP, it means that people are spending more. This means companies must produce more, causing an increase in the workforce and a decrease in unemployment. When the GDP decreases, people are spending less. This means companies must produce less, causing a decrease in the workforce and an increase in unemployment. In fact, the definition of a recession is two back-to-back quarters of declining or contracting Gross Domestic Product. GDP figures can be used to determine the health of the economy. When adjusted for inflation, the annual growth of the GDP can be used to indicate whether the economy is growing too slow, too fast, or at the correct level. The GDP rate of growth is one of the factors used to determine what type of economic policies are needed, including changes in interest rates and government spending. If the GDP is growing too slow or contracting, economists worrying about unemployment will recommend policies that will help increase growth, such as cutting interest rates or increasing spending. If the GDP is growing too fast, economists worrying about inflation will recommend policies that will reduce growth, such as raising interest rates or reducing spending. In addition, the GDP growth rate is often used to make comparisons between countries that have similar economies. For the most part, the GDP includes three components to total spending: consumer spending, investment spending, and government spending. Consumer spending, also called consumption, is the largest of the three components, accounting for roughly two-thirds of the Gross Domestic Product. The most important gauge for consumer spending is income levels. If the GDP is rising, companies will produce more, meaning they will hire more, increasing total income, which will lead to more spending. If the GDP is declining, companies will produce less, causing them to reduce the number of employees they have, reducing total income, which will lead to less spending. After consumer spending, probably the next important part of GDP is investment spending. In this case, investment spending doesnt refer to things like stocks and stuff like that. It refers to companies spending money to grow and expand by adding things like new equipment, new factories, new buildings. When a company expands by adding new buildings or equipment, it adds to the production capability. One interesting thing to point out is that, if you look at the graph, that residential investments, by people inside the U.S., is not as large as non-residential investments. In fact, if you look at the graph its about a 2-to-1 ratio. The third component of the GDP is government spending. Approximately 20% of the U.S. Gross Domestic Product is government spending. Thats a huge number. Since such a large percentage of GDP is government spending, government can increase or decrease the GDP by changing the amount of money it spends.... Music by: Danse Macabre - Low Strings Finale (Theme) Heavy Interlude Dreamy Flashback Monoko Feral Chase Exciting Trailer Kevin MacLeod @ incompetech.com
Views: 35913 InformedTrades
Macro Unit 2.1- GDP and Economic Growth
 
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In this short video I explain GDP, the components of GDP, and what is not included in the Gross Domestic Product. Thanks for watching, please subscribe If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji
Views: 391531 Jacob Clifford
Top 10 Richest countries in History 2000 year GDP Timeline-World Economy History over time-2018
 
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Must Watch Animated Top 10 Richest countries Economy in World History 2000 year GDP Timeline-World Economy over time -2018. GDP BY COUNTRY by year from 1AD. History of Rich Nation Economics- World GDP rankings World Economy over time 2000 years Historical GDP along with recent GDP over time animated in charts.India was Top economy for long time. Top 10 richest countries in the world for 2017 Years. This video is based on World GDP History data from 1 AD. Included here is clip on history of the world gdp in 15 seconds . Must watch entire world history animation. 2000 years of History of the world GDP Rankings in simple animation video. This animated video will show world history in 5 minutes to 6 minutes based on gdp . This ranking of richest countries in the world is based on the Best information available on GDP for history of the world countries , i guess ,from the web. List of top 10 richest countries in the world history. Comparison of Top 3 countries of their time, with History of Entire worlds Gdp is also included in this history animation video. This Animation World History is in form of moving charts which is informative as well as does make it easy to view so many countries History over time. These world Gdp rankings of nations are from 1 AD to 2016 . Only top countries are ranked which controlled major world gdp. GDP of the World History is also reflective of Top ten economically powerful countries of their times. World richest countries over time in history have been dependent heavily on trading and agriculture in the past . Post industrial revolution and colonization balance moved away in favor of set of new world richest countries in the world. World Richest countries, History of rich nations.Richest countries in the world 2018
Views: 6505 TUINT
Live chart: World GDP
 
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Moving up The world economy is on an upswing. For more video content from The Economist visit our website: http://econ.st/1rE8LgY
Views: 13419 The Economist
[Hindi] Difference between GDP, NDP, GNP, and NNP
 
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To watch all lessons click here:- https://goo.gl/hSv8yn | Download the Unacademy Learning App from the Google Play Store here:- https://goo.gl/02OhYI | Discuss the course with fellow aspirants here:- https://goo.gl/WJrQpI This course only covers those topics which have a very high cost to benefit ratio i.e. probability of a question appearing in the exam from this particular section is astronomically high. Do watch all these lessons and gain a cutting edge over your competitors. This will help you to score more marks. It's a must go course before go for the prelims examination. For more lessons on UPSC CSE Preparation, please visit:- https://unacademy.in/upsc-preparation/all/
Views: 321307 Unacademy
Circular flow of income and expenditures | Macroeconomics | Khan Academy
 
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Basic introduction to what microeconomics and macroeconomics study. A bit on Adam Smith. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/demand-curve-tutorial/v/law-of-demand?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/economics-introduction/v/introduction-to-economics?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 655600 Khan Academy
India vs China Economy Growth Comparison from 1960-GDP-Must See 2018/2017
 
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China India Economy Comparison 2018-India China Economy GDP & Exports Growth Race from 1960-Must See 2018/2017 Their growth in economy and exports have varied largely post 1980 and china had made a huge growth many times higher than India and rest of the world. India and china are 2 prominent economies in the world not only from today but from long history and have been important countries managing large share of global economy. Based on data from World Bank , International Monetary Fund
Views: 155140 TUINT
Measuring GDP using the Income Approach and the Expenditure Approach - HD
 
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GDP is generally understood to represent the health of a nation's economy, and most people realize that if GDP is growing, things are going well, while if it's falling things have turned sour in the economy. But what, precisely, does GDP measures? There are two primary methods for measuring GDP, which should yield the same result even though they measure completely different factors. -The income approach: measures the total incomes earned by households in a nation in a year. -The expenditure approach: measures the total amount spent on the goods produced by a country in a year. By examining the circular flow model of a nation's economy, we can demonstrate why every dollar earned by a household in a nation's resource market will ultimately be spent in the product market, or leaked through taxes, savings, and import spending, leading to injections in the form of government spending, investment and export sales. In the video lecture below, the two methods for measuring GDP are introduced, and the various components it includes are explained in detail. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 303899 Jason Welker
Circular Flow Matrix- How the economy works- Econ 1.7
 
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In this video I explain the Circular Flow Matrix and how products, resources, and money flow in a market economy. I also define the factors of production, public sector, and factor payments. Keep in mind that households and businesses both demand and supply. Thank you for watching. Please subscribe and let me know if you want me to cover anything. Next Video- https://www.youtube.com/watch?v=KPpmAUk1olA I'm Jacob Clifford and I have helped thousands of students understand economics. This YouTube channel has over 300 videos explaining all the key concepts and graphs of micro and macroeconomics. Be sure to subscribe and check out the economics review app for your smartphone. Thanks for watching. You rock! If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership
Views: 250125 Jacob Clifford
India GDP growing chart
 
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International GDP grown
Views: 29 KalakaarStudio
What Is The GDP And What Does Its 4.1 Percent Growth Mean? | Velshi & Ruhle | MSNBC
 
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Watch Ali Velshi explain what the GDP is and why President Trump is so excited about it. Kevin Hassett, the Chairman of the Council of Economic Advisers and Jared Bernstein, former chief economist to Vice President Joe Biden join the conversation to discuss trade, wages, interest rates and the growth of the GDP. » Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc About: MSNBC is the premier destination for in-depth analysis of daily headlines, insightful political commentary and informed perspectives. Reaching more than 95 million households worldwide, MSNBC offers a full schedule of live news coverage, political opinions and award-winning documentary programming -- 24 hours a day, 7 days a week. Connect with MSNBC Online Visit msnbc.com: http://on.msnbc.com/Readmsnbc Subscribe to MSNBC Newsletter: MSNBC.com/NewslettersYouTube Find MSNBC on Facebook: http://on.msnbc.com/Likemsnbc Follow MSNBC on Twitter: http://on.msnbc.com/Followmsnbc Follow MSNBC on Instagram: http://on.msnbc.com/Instamsnbc What Is The GDP And What Does Its 4.1 Percent Growth Mean? | Velshi & Ruhle | MSNBC
Views: 114632 MSNBC
Relative GDP per capita in XLS
 
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This clip shows how to create a chart of relative GDP per capita in XLS.
WHAT IS GDP? (GROSS DOMESTIC PRODUCT) [Macroeconomics / Economic Data Releases]
 
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We explain what GDP (Gross Domestic Product) is, why it's important and how we calculate it. This is a basic topic in macroeconomics and it's also very important for traders and investors. GDP is one of the biggest data releases from any economy, so it's important to understand how it all works. We will also cover the circular flow of money and the difference between Nominal GDP and Real GDP. Our full online economics course is coming soon. ================ JOIN US TO LEARN TO TRADE FOR FREE: http://bit.ly/DuomoInnerCircle ================ SUBSCRIBE FOR MORE TRADING VIDEOS: http://bit.ly/DuomoYouTube ================ THE DUOMO TRADING PODCAST: http://bit.ly/DuomoPodcast (Available on iTunes, Stitcher, Soundcloud and more) ================ GET OUR FULL ONLINE COURSE: http://bit.ly/DuomoCourse ================ SOCIAL LINKS: Website: http://www.duomoinitiative.com Facebook: http://www.facebook.com/duomoinitiative Twitter: http://twitter.com/duomoinitiative Nicholas Puri Twitter: http://twitter.com/nikipuri Instagram: http://instagram.com/duomoinitiative Email: [email protected]
What is GDP (Gross Domestic Product)
 
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What is GDP (Gross Domestic Product) Subscribe the Finance School channel for the upcoming Videos Other Videos of Finance School Channel Valuation of Stock Based on Historical Market PE Ratio https://youtu.be/jPkzqLb8tQ8 How to Draw Support, Resistance and Channel in Price Chart | Technical Analysis https://youtu.be/KVa2vMr7EcQ All Dividends, Record Date & AGM Date in one Page | Dhaka Stock Exchange (DSE) https://youtu.be/61FDktTv0PY How Relative Strength Index (RSI) Misleads Traders || How to Use RSI Properly https://youtu.be/w4zCayxUCeg What is Dividend Yield | Why Dividend Yield is important https://youtu.be/Cc-f9cTBNEU Stock with Lower PE Ratio is not Always a Better Investment Choice | Fundamental Analysis https://youtu.be/ZSydvW3sl9U When a Company’s Share can be delisted from DSE https://youtu.be/ZhjoBhHOhV0 What does Category (A, B, G, N, Z) of Stock Indicates https://youtu.be/p90ZDtZgRg0 What is Ponzi scheme | How Ponzi scheme works | Stay SAFE https://youtu.be/UzOcJ7ivExk Hyperinflation || Case of Venezuela || Lessons from it || How to stay SAFE https://youtu.be/pYwhuiID5e4 What is Income Statement || What is EPS || Story that Income Statement Tells https://youtu.be/I3O_pl2cL2g What is Inflation https://youtu.be/4EqWtZvYXgE Youtube Channel: https://www.youtube.com/financeschool My FB profile: https://www.facebook.com/Shihab.Alam.Khan Finance School FB Group: https://www.facebook.com/groups/finance.school.bd Finance School FB Page: https://www.facebook.com/fsclbd Finance School Twitter: https://twitter.com/FinanceSchool1 Finance School Linkedin: https://www.linkedin.com/in/financeschool My Linkedin: https://www.linkedin.com/in/shihab-khan MY Twitter: https://twitter.com/Shihab_A_Khan #GDP #Growth #Production Topic: What is GDP (Gross Domestic Product)? -GDP is the market value of all final goods and services produced within a country in a given period of time. -So, In USA, GDP in 2018, will be the market value of all the goods (Ex: Pharmaceutical, Automobile) & services (Ex: Medical, Education) being produced. -So GDP is the overall market value of all the goods and services a country produced in a year. Presented by Shihab Alam Khan on behalf of Finance School
Views: 190 Finance School
What Is The Difference Between Gross Domestic Product And Gross National Product?
 
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The gni and gdp are 19 feb 2013 vs ndp terms associated in economics. 30 mar 2017 find out the difference between gdp and gnp, and how each brings a different perspective to the meaning of economic success what's the difference between gdp and gnp? Gdp (or gross domestic product) and gnp (gross national product) measure the size and strength of an but what are gdp and gnp, and what is the difference between the two? Both represent an attempt to measure the total economic output of a nation during a 8 jul 2017 gnp and gdp both reflect the national output and income of an economy. Difference between gdp and gnp (with comparison chart) key what is the difference gnp? Quora. Gross national income definition, vs gdp and gnp, the balance. Gnp what's the difference? Investor words. Well gdp refers to gross domestic product and is the national. Gni measures all income of a country's residents and businesses, regardless where it's produced18 feb 2008 q what is the difference between gdp gnp? A market value everything produced within country; Gnp key both gnp are used to measure size strength an economy. What is the difference between gdp, gnp, and national income gross product wikipedia. However, they differ in their application and the elements that key difference gdp is used to calculate all products or services are produced within a country's boundaries small part of national income 23 mar 2015 gross domestic product measure level yielded by an economy over stipulated period generally this time varies gni vs gni, income, gdp, product, economic terms deal with. Normally it is 27 jul 2017 difference between gni and gdp. Difference between gnp, gdp and gni difference gnp. Those who compare economic output figures between countries, of course, 23 mar 2011 gross domestic product (gdp), national (gnp), and income measures attempt to measure how much activity (gnp) is the market value all products services produced in one year by labor property supplied citizens a country. Unlike gross domestic product (gdp), which defines production based on in its territory, gdp and gnp can produce different measures of total output national economic accounting, gdi are conceptually equal. Gdp vs national differences between gross domestic product and difference gni gdp ndp what are income gnp. Difference between gdp and gnp. The overall difference between gdp and gdi is known as the statistical discrepancy; Although both gnp measure size of an economy, either for business or economics forecasting purposes, they are not one same thing. Why do gross domestic product (gdp) and income difference between gdp gnp. Gdp' stands for 'gross domestic product' while 'ndp' 'net gross product gdp, national income gni, gni and gnp figures are available from quite a few different sources. Difference between gdp and gnp youtubedifference difference national income. The main difference is that gnp (gross national product) takes into 31 aug 2015 there are many differences between gdp and
Views: 119 Bet My Bet
GDP Gross Domestic Product in the Forex Market
 
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Good morning traders, With the very important GDP figures coming out shortly from the GBP I thought it was time to go into how the GDP works and how it effects Forex traders. This video breaks down the key concepts and explains how it will effect the general economy of the country that the GDP represents. As well as what we can expect as Forex traders from the news results. If you can watch the upcoming GDP from the British Pound tomorrow, I strongly suggest you keep the chart open as well as the economic calendar from www.jpmarkets.co.za so you can see for yourself. If the results are close to what was expected then we won't see a massive move, but still worth watching. With the GBP at a pivotal moment this could the the fundamental indicator that gives us a good long term trend to jump in on!
Views: 177 JP Markets
Circular Flow of Income. How the different components of an economy interact.
 
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Transcript: 1 In macroeconomics, we study the economy of one country. 2 Then try to understand how 2 countries interact and trade. 3 And hopefully, understand the global economy. 4 So today, we are going to study the circular flow of income. 5 Let’s make things really simple. 5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings. I told you, it's simple! 6 There’s only firms and households. (2-sector economy: firms + households (closed economy)) 7 Firms provide households with goods and services. 7 Out of thin air? 7 Nah.. 8 Firms gotta get factors of production from households. 8 It can be labor, land, capital or… 8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video) 8 So…entrepreneurship. 9 For free? You wish! 9 We don’t get freebies from firms. 9 We don’t provide labor for free either. 10 So there’s money flowing in the opposite direction. 11 Households gotta pay firms for the goods they get. 12 Firms also gotta pay households in the form of wages, rents, interests or profits. 12 But this is a little weird. 12 We don’t spend everything we earn in real life. 13 So let’s add savings. 13 Savings is money we don’t spend. 13 So there’s money flowing out. 14 Hey, savings don’t just sit in banks… 14 Banks invest in firms by lending to them. 14 Cos firms need money to buy capital equipment or cover other costs of production. 14 So there's investments flowing into the economy. 14 Bravo! Awesome! 14 But this is a little too simplified. 15 Let’s add government. (3 sector economy: firms + households + government) 15 Government buys stuff as well. 15 So there’s money flowing in. 16 Government gets money from taxes. 16 Taxes. So there’s money flowing out. 16 Cos for the money we’re paying as taxes, we cannoyt spend it. 17 Lastly, countries interact with one another. 17 Imagine this is an American economy. 18 Let’s add trade. (4 sector economy: firms + households + government + foreign sector) 18 America imports stuff. 18 For example, America can import shoes from China. 18 Shoes flow from China into America. 19 And money spent on imports flows out of America into China. 19 America exports too. 19 America can produce software 19 and export it to foreigners, 20 Money then flows from foreign countries into America. 20 This is America's export earnings. 21 Investments, Government Spending and Export earnings are called Injections. 21 Cos money is flowing in. 22 Savings, taxes and import spending are called leakages or withdrawals. 22 Cos money leaks out of the system. And hey, injections and leakages are sort of related. Investments come from savings. Government spending comes from taxes. America makes money from foreigners by exporting. But foreigners also make money from America when America imports. Wow…no wonder it's Circular Flow of Income It tells us roughly how an economy functions. 23 How do we measure the size of an economy then? 24 By measuring Gross Domestic Product or GDP. 24 GDP is the total value of all final goods and services produced within the borders of a country during a given period. 25 Why must it be FINAL goods and services? (Hint: it's in the next video) 26 If you like this video, remember to like and subscribe. 27 Next up: Measuring GDP: Output Approach _______________________________________________ How does an economy function? Look at the Circular Flow of Income. Who are the major players in an economy? In order of increasing complexity, there are: 2-sector economy: households + firms 3-sector economy: households + firms + government 4-sector economy: households + firms + government + foreign sector There are real goods and services flowing in one direction in the circular flow of income and money flowing in the opposite direction. When money flowing to the country, it's called injections. When money flows out, it's called withdrawals or leakages. Injections consist of government spending, investments and exports. Leakages or withdrawals include imports, taxes and savings. Injections and leakages/withdrawals are related to each other. This is because government spending comes from tax revenues and investments, at least the local component, come from savings. That said, investments can flow from foreign countries in the form of foreign direct investments (FDI). Lastly, while money can flow from foreign countries when we export overseas, money also leaks out of the country because we import. Important definitions: Gross Domestic Product or GDP is the total value of all final goods and services produced within the borders of a country during a given period. Use flashcards to remember these definitions in economics: http://www.memrise.com/course/461808/economics-101/
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India vs Pakistan & China Economy Power-GDP per capita-Growth Comparison from 1990.2017-2018 History
 
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India vs Pakistan & China Economy Power Comparison -GDP per capita-Growth Comparison from 1990.2017-2018 History Animated Chart Not Many will believe , Pakistan gdp per capita was more than China and India in 1990. ANIMATED 27 Years History of India vs Pakistan vs China Economy-Who is the Richest?Money Power Comparison-GDP . India , China are worlds oldest economic super powers and hold a significant portion of world economy . They are also the fastest growing economies of the world . This comparison of riches between India , china and Pakistan is based on 27 years of data for GDP - PPP and GDP per capita data. History of Chinese, Indian and Pakistan economy comparison is presented in form of animated video for all 3 countries for a simple understanding.
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What Is The Gross National Product
 
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Gnp is the total value of all final goods and services produced within a nation in particular year, plus gross national product united states increased to 17062. Investing definition of 'gross national product' the economic times. 60 usd billion in the fourth quarter of 2016 what's the difference between gdp and gnp? Gdp (or gross domestic product) and gnp (gross national product) measure the size and strength of an definition of gross national product (gnp) gdp of a country to which income from abroad remittances of nationals living outside and income from foreign definition of gross domestic product (gdp) the value of a country's overall output of goods and services (typically during one fiscal year) at market prices, gnp and gdp are very closely related concepts in theory, and in actual practice the numbers tend to be pretty close to each other for most large industrialized gdp measures the monetary value of final goods and services that is, those that are bought by the final user produced in a country in a given period of time graph and download economic data from q1 1947 to q1 2017 about gnp and usa gross domestic product is an aggregate measure of production equal to the sum of the gross values added of all resident institutional units engaged in the world bank uses terminology in line with the 1993 system of national accounts and refers to gnp as 'gross national income' or gni. What is the functional difference between gdp and gnp gross national product wikipedia. What is gnp? Definition and meaning investorwords. Gross national product (gnp) definition and examples. Gnp is an economic statistic that equal to gdp plus any income earned by residents from overseas investments minus within the domestic economy apr 13, 2017 gross national product total output of a country's citizens and companies, no matter where they are located. Net exports represent the difference between what a country minus any imports of goods and services mar 30, 2017 find out gdp gnp, how each brings different perspective to meaning economic success gross national product. Gross domestic product aggregate national accounts, sna 2008. Gnp is the value of all finished goods and services produced in a country definition gross national product (gnp) domestic (gdp) plus net factor income from abroad. Gross national product (gnp) is an estimate of total value all the final products and services produced in a given period by means production owned country's residents. Description gnp measures the monetary value gross national product (gnp) total market of final goods and services produced by a nation's economy during specific period time (usually year), define people nation year definition. United states gross national product chart domestic (gdp) vs (gnp what is a (gnp)? Definition and meaning (gdp)? (gnp) glossary of political economy an economy's all back to basics gnp louis fed federal oecd statistical terms (gdp why can't i find estimates World real dictionary definition
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Animated Chart: US Government Spending as Percentage of GDP
 
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Gross Domestic Product (GDP): What it Means & Why it Matters ☝
 
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What is Gross Domestic Product (GDP) http://www.financial-spread-betting.com/course/UK-Australia-indicators.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE What is GDP? Gross Domestic Product. This is a barometer of how well an economy is doing. But why is GDP important? If you have high GDP there is a lot of productivity going on, the economy is chugging along quite nicely - generally a good thing for the country. Low GDP is the opposite; things aren't so well. A high GDP is normally equal to higher corporate earnings which is going to benefit the stock market. Recession - 2 or more consecutive quarters of negative GDP growth. But how is the GDP is calculated? It is basically made up of 4 distinct parts; it is the total of the goods and services produced in a country giving a broad view on how the economy is faring. The first part is consumption, the second part is investments, the third is government spending and investments and the last is net exports. A lower than expected GDP may lead to the currency of that country weakening. A higher than expected GDP might boost the currency of a country.
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Chart: Entitlement Spending as a Percentage of GDP
 
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03 UNDERSTANDING ECONOMICS: GROSS DOMESTIC PRODUCT
 
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Check out the entire free forex course (in process): http://www.FreeForexAcademy.com The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This is the 3rd vid in the fundamentals section- a section that applies, not just to forex, but to all markets, or those simply interested in economics. Practice forex trading with a free virtual trading account. Simulates forex trading with real time charts and live price feeds. http://clk.atdmt.com/FXM/go/166058821/direct/01/ VIDEO Text: The Gross Domestic Product. The Gross Domestic Product, or GDP, is the total market value of all goods and services produced in a country within a year, including production of any foreign-owned companies operating inside that country. So, what they do is they take all the goods, all the services, and everything the country produces in a year, add up the value of all that and come up with one big number and that is the GDP. Here in the United States, the GDP is recorded by the United States Department of Commerce, and its reported every three months. Looking at a pie chart, you can see the GDP broken down. It consists of about one-third of housing, about 20% of transportation, 13% is food, about 11% is insurance premiums and pensions, about 9% is pensions and social security, 6%s health care, and the rest is entertainment, apparel and services, cash contributions, education, alcohol and smoking supplies, personal care products, reading, and other miscellaneous items. Here in the United States we have the largest GDP in the world by far. In fact, we are about three times as big as Japan and four to five times as big as Germany, the third largest. When there is an increase in the GDP, it means that people are spending more. This means companies must produce more, causing an increase in the workforce and a decrease in unemployment. When the GDP decreases, people are spending less. This means companies must produce less, causing a decrease in the workforce and an increase in unemployment. In fact, the definition of a recession is two back-to-back quarters of declining or contracting Gross Domestic Product. GDP figures can be used to determine the health of the economy. When adjusted for inflation, the annual growth of the GDP can be used to indicate whether the economy is growing too slow, too fast, or at the correct level. The GDP rate of growth is one of the factors used to determine what type of economic policies are needed, including changes in interest rates and government spending. If the GDP is growing too slow or contracting, economists worrying about unemployment will recommend policies that will help increase growth, such as cutting interest rates or increasing spending. If the GDP is growing too fast, economists worrying about inflation will recommend policies that will reduce growth, such as raising interest rates or reducing spending. In addition, the GDP growth rate is often used to make comparisons between countries that have similar economies. For the most part, the GDP includes three components to total spending: consumer spending, investment spending, and government spending. Consumer spending, also called consumption, is the largest of the three components, accounting for roughly two-thirds of the Gross Domestic Product. The most important gauge for consumer spending is income levels. If the GDP is rising, companies will produce more, meaning they will hire more, increasing total income, which will lead to more spending. If the GDP is declining, companies will produce less, causing them to reduce the number of employees they have, reducing total income, which will lead to less spending. After consumer spending, probably the next important part of GDP is investment spending. In this case, investment spending doesnt refer to things like stocks and stuff like that. It refers to companies spending money to grow and expand by adding things like new equipment, new factories, new buildings. When a company expands by adding new buildings or equipment, it adds to the production capability. One interesting thing to point out is that, if you look at the graph, that residential investments, by people inside the U.S., is not as large as non-residential investments. In fact, if you look at the graph its about a 2-to-1 ratio. The third component of the GDP is government spending. Approximately 20% of the U.S. Gross Domestic Product is government spending. Thats a huge number. Since such a large percentage of GDP is government spending, government can increase or decrease the GDP by changing the amount of money it spends.... Music by: Danse Macabre - Low Strings Finale (Theme) Heavy Interlude Dreamy Flashback Monoko Feral Chase Exciting Trailer Kevin MacLeod @ incompetech.com
Views: 2856 FreeForexAcademy
Animated Chart: GDP Growth by State
 
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What Are The Components Of Gross Domestic Product?
 
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Gross domestic product (gdp) investopediabest definition. The components used to calculate gdp include (y) is the sum of consumption (c), investment (i), here a description each component learn how economists measure total production an economy using gross domestic product (gdp). Gdp equation in depth (c i g x) boundless. Private consumption expenditure (c) 2. Gross domestic product for american samoa, 2016 bureau of gdp and other major nipa series, 1929 2011 ii. What are the components of gross domestic product (gdp) data component expenditures gdp oecd. Gross domestic product definition and components video gdp gross a key concept in economics. This lesson also outlines the components that beyond gdp proposal of quality domestic product and its nowcastinggdp can manifest manyfold interactions with components, giving rise to 15 jan 1999 unit 6 final goods approach services since 1960s fastest growing component consumer purchases has 28 aug 2014 intended for end user. Gdp only gross domestic product (gdp) is the sum of consumption expenditure (of households, npishs, and general government), fixed capital formation, changes 11 jan 2013 component expenditures gdp. Components of gdp explanation, formula, chart the balance. Gdp increases when the total value of goods and services that domestic cfa level 1 gross product (gdp) expenditure approach utilizes four main components consumption (c) these are personal is broadest quantitative measure a nation's economic activity. Eurostat oecd methodological manual on purchasing power parities4. Evaluation of the contributions four components gross gdp. Gross domestic product gross wikipedia. Gross domestic product (gdp) investopedia. First, items that are the balance of trade is one key components a country's (gdp) formula. Lecture 1 gross domestic product. Investment expenditure (i) 3. Government purchases of goods and services (g) 47 may 2014 while calculating the gdp estimate, bureau first takes into account sum an individual's personal consumption expenditures, that is, 27 mar 2017 expenditure categories gross domestic product net exports is important component for two reasons. Intermediate goods used as components or ingredients in the production of other. Gdp measuring national income youtube. Components of gdp (video) overview the four major components used for calculating expenditure categories thoughtco. Components of gdp explanation, formula, chart the balance 31 jul 2017 definition four components gross domestic product are personal consumption, business investment, government spending and net major 1. Principles of macroeconomics section 6 components gdp. Eurostat and 27 apr 2015 four major components influence the growth of gross domestic product in chinese provinces consumption, investment, transnational 4c (consumption) is normally largest gdp component economy, consisting private (household final consumption expenditure) economy 14 aug 2017 releasing estimates (gdp) for american its components, by industry, 1 2011 table presents current dollar components2a real. Components of gross domestic product (4 components).
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Trading the US Gross Domestic Product - Oct 28 GDP Live Coverage
 
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The United States will publish the first release of the Gross Domestic Product for the third quarter of 2016. The US Q3 GDP release will be a key event that will provide market with clues on how the US economy is performing. Join Valeria Bednarik and Mauricio Carrillo from FXStreet, and Yohay Elam from Forex Crunch. More info: Valeria Bednarik, Chief Analyst at FXStreet: http://beta.fxstreet.com/author/valeria-bednarik Yohay Elam, Founder of Forex Crunch: http://beta.fxstreet.com/author/yohay-elam Mauricio Carrillo: http://www.fxstreet.com/author/mauricio-carrillo Multiple chart layout powered by TradingView: https://www.tradingview.com/chart/
Views: 255 FXStreet
What Is The Worlds GDP?
 
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The world's top 10 economies the biggest in 2017 world gdp ranking 2016 data and charts. The per capita ppp gwp in 2014 was approximately usaccording to the world factbook. In 2017 world economy is continuing gdp (current us$) from the bank data. At $18 trillion europe comes third with just over one fifth of global gdp (21. Data source is international monetary fund world economic outlook (april 7 jul 2017 when it comes to the top 10 national economies around globe, order may india sixth largest economy in with a nominal gdp of $2. Apr 2017 new delhi india's travel and tourism sector ranks 7th in the world terms of its total contribution to country's gdp, according a 13 gdp per capita is measure gross domestic product) by personthe 10 highest lowest countries report sets out long term projections for 32 largest economies over period 2050. 59 trillion list of countries by gdp (nominal) from wikipedia, the free encyclopedia. Wikipedia wiki gross_world_product url? Q webcache. Global gdp is estimated to has grown by 3. Reset 22 feb 2017 see how the multi trillion dollar pie of global economy gets latest gdp numbers from world bank were released earlier this 19 may to create a league table world's biggest economies. Googleusercontent search. India's is the world's 7th largest tourism economy in terms of gdp per capita definition, formula, highest, lowest, balance. Is the uk world's 5th or 9th largest economy? Full fact. 11 percent in 2016 according to imf world economic outlook. 09 percent in 2015 according to imf world economic outlook. When people talk about the size of an economy, they are usually referring to gdp 9 aug 2017 main statistical findingsg20 members accounted for 85. World bank national accounts data, and oecd data fileslinebarmap 6 mar 2017 the magazine ranked world's countries according to their gross domestic product (gdp) based on purchasing power parity (ppp) per accurate measure of china's output; Gdp at official exchange rate substantially understates actual level output vis a rest world; Facts statistics about gdp capita world. In 2016 world economy is continuing to slowly recover 8 global gdp estimated has grown by 3. The eu in the world economy and finance statistics explained. The world in 2050 pwc. World product wikipedialist of countries by gdp (nominal) projected 2017 statisticstimes. Updated as of 2017 nominal gdp and developing economiesadvanced economies77. The country ranks third in gdp terms of purchasing 9 mar 2017 the economy united states is largest world. Countries looking at gdp per capita business cia world factbook the central intelligence (ppp) economy indexmundi. Counting the economies of european union as one) according to international monetary fund estimates following two tables list 25 largest by gdp (nominal), 23 apr 2017 projected (nominal and ppp) countries in 2022. Data world bank data group. Add an item to the chart. Largest economies by nominal gdp in 2017. 2017 world gdp ranking 2017 data and char
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Using DataPost Graphs to Learn More about Gross Domestic Product (GDP)
 
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DataPost is an online resource that combines colorful visuals with economic data. This brief video serves as a learning guide for understanding DataPost charts. Educators particularly interested in teaching about GDP may use this video for their own enrichment or in the classroom. Access the full DataPost GDP slidedeck via FRBSF.org: http://www.frbsf.org/education/teachers/datapost/macroeconomics/gross-domestic-product.html View the entire DataPost series here: http://www.frbsf.org/education/teachers/datapost/
Views: 4270 SF Fed EconEd
INDIA vs PAKISTAN ECONOMY POWER GROWTH COMPARISON-,GDP-PPP(+per capita)India Economy-2017-2018
 
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IINDIA vs PAKISTAN ECONOMY POWER GROWTH COMPARISON From 1990-,GDP-PPP(+per capita)India Economy 2017-2018
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Gdp explained in Urdu
 
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Website www.drumair.ml Gross domestic product is explained by dr Umair
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Animated Chart: State GDP as Percent US GDP
 
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How to Calculate National Income in Hindi By Sanjeev Kumar
 
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How to Calculate National Income in Hindi By Sanjeev Kumar link to download pdf https://drive.google.com/file/d/1voTSwmz_VR6qfH6kFs9npax36ctxsHpd/view?usp=drivesdk
Views: 13662 Sanjeev Kumar lectures
Nominal vs. Real GDP
 
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"Are you better off today than you were 4 years ago? What about 40 years ago?" These sorts of questions invite a different kind of query: what exactly do we mean, when we say “better off?” And more importantly, how do we know if we’re better off or not? To those questions, there’s one figure that can shed at least a partial light: real GDP. In the previous video, you learned about how to compute GDP. But what you learned to compute was a very particular kind: the nominal GDP, which isn’t adjusted for inflation, and doesn’t account for increases in the population. A lack of these controls produces a kind of mirage. For example, compare the US nominal GDP in 1950. It was roughly $320 billion. Pretty good, right? Now compare that with 2015’s nominal GDP: over $17 trillion. That’s 55 times bigger than in 1950! But wait. Prices have also increased since 1950. A loaf of bread, which used to cost a dime, now costs a couple dollars. Think back to how GDP is computed. Do you see how price increases impact GDP? When prices go up, nominal GDP might go up, even if there hasn’t been any real growth in the production of goods and services. Not to mention, the US population has also increased since 1950. As we said before: without proper controls in place, even if you know how to compute for nominal GDP, all you get is a mirage. So, how do you calculate real GDP? That’s what you’ll learn today. In this video, we’ll walk you through the factors that go into the computation of real GDP. We’ll show you how to distinguish between nominal GDP, which can balloon via rising prices, and real GDP—a figure built on the production of either more goods and services, or more valuable kinds of them. This way, you’ll learn to distinguish between inflation-driven GDP, and improvement-driven GDP. Oh, and we’ll also show you a handy little tool named FRED — the Federal Reserve Economic Data website. FRED will help you study how real GDP has changed over the years. It’ll show you what it looks like during healthy times, and during recessions. FRED will help you answer the question, “If prices hadn’t changed, how much would GDP truly have increased?” FRED will also show you how to account for population, by helping you compute a key figure: real GDP per capita. Once you learn all this, not only will you see past the the nominal GDP-mirage, but you’ll also get an idea of how to answer our central question: "Are we better off than we were all those years ago?" Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/24pzD7X Next video: http://bit.ly/1TGgR8r Help us caption & translate this video! http://amara.org/v/H0PX/
What Is GNP And How Does It Differ From GDP?
 
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What are gdp and gnp cso central statistics office. What is the functional difference between gdp and gnp investopedia what. Gnp is less commonly referred to than gdp, but best described as the measure of national output an estimated value total worth production and services, by citizens a country, on its land or foreign land, calculated over course one year. Gnp gdp nr (net income inflow from assets abroad or net receipts) np payment outflow to foreign assets) feb 18, 2008 q what is the difference between and gnp? A market value of everything produced within a country; but are gnp, two? Both represent an attempt measure total economic output nation during jul 8, 2017 gnp both reflect national economy. Difference between gdp and gnp what is the functional difference gross domestic product (gdp) vs national (gnp vsgnp what's difference? Investor words. Difference between gnp, gdp and gni ch. Mar 30, 2017 a gross domestic product (gdp) and national (gnp) both try to measure the market value of all goods services produced for final sale in an economy. Aug 31, 2015 there are many differences between gdp and gnp. Difference between gdp and gnp what's the difference gnp? Everything you gni what are gross domestic national product income. Asp url? Q webcache. The difference is in how we jun 20, 2014 the key can be seen names gross domestic product and national. Difference between gdp and gnp what is the difference gnp? Gross national income definition, vs gnp, balance. The gnp also calculates all the income, but takes into account income that comes jul 27, 2017 gross national (gni) is earned by a country's citizens and companiesgni country. Gni per gross domestic product (gdp) and national (gnp) are the total income remaining with irish residents is gnp it differs from gdp by although both measure size of an economy, either for business or economics forecasting purposes, they not one same thing nov 26, 2010 market value all goods services produced final sale in economy. The main difference is that gnp (gross national product) takes into real gdp per capita to what extent does measure living standards? . However, they differ in their application and the elements that comprise of primary difference between gross domestic product, or gdp, national gnp, is gnp also takes into account income from foreign sources while gdp does not. Assessment flashcards difference between gdp and gnp (with comparison chart) key youtube. Difference between gdp and gnp. National income, and net national product, gdp is also a measure that can be used to originally answered what the difference between two terms, gnp? Gross product calculated on per capita basis both gnp are size strength of an economy. Googleusercontent search. Gdp measures all of the sales final gni vs gdp gni, or gross national income, and gdp, domestic product, one main differences between two, is that in owner's home country's gnp irrelevant location business), does not include earnings by its residents pro
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#FullView CHART OF THE DAY: SA GDP
 
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South Africa broke out of recession when it reported a 2.2% growth in GDP in the third quarter. This comes after SA plunged into recession in the first half of 2018 for the first time since the global financial crisis with two consecutive quarters of contraction. This is according to data released by Statistics South Africa. The growth was driven by the manufacturing sector, financial services, and the transport, storage and communication industry which grew by 7.5%, 2,3%, and 5.75% respectively. Meanwhile, mining weighed on growth with a contraction of 8.8%. Growth for the year, however, will still remain low. The Reserve Bank expects growth of 0.6% while the Treasury expects 0.7%. The rand added to early gains, advancing to R13.56 to the dollar shortly after the announcement from an open at R13.61. For more news, visit: sabcnews.com
Views: 45 SABC Digital News
US CHINA ECONOMY GDP COMPARISON GROWTH FROM 1960,USA vs CHINA economy Growth 2017-2018
 
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US CHINA ECONOMY GDP COMPARISON GROWTH FROM 1960,USA vs CHINA economy Growth 2017-2018
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GDP Per Capita & World Consumer Class Chart
 
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Views: 35 Matthew Norris