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    Thread: Gross national product and national income

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      If a country imports more than it exported (such as Japan, for example, one of the most important exporters in the world), it spared no amount equal to the difference between import and export of foreign assets (foreign currencies or gold). Of course it may be net foreign investment is positive or negative depending on the value of exports and imports in the balance of payments.


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      If our symbol for the maintenance of personal consumption are indicated by C, and gross domestic investment are indicated by DI, and government spending on goods and services are indicated by GE, and exports of goods and services are indicated by Ex, and imports of goods and services are indicated by Im,, we can express the total gross national GDP formula is simple as follows: (GDP = C + DI + GE + (Ex - Im.


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      Quote Originally Posted by mody2989 View Post
      The value of goods and services produced necessarily be equal to spend on these products, it follows that can be measured by the gross national product spent a total of sectors of national economy on various goods and services. In order to reach the total expenditure on final products Finished Goods, we offer the sales of total sales of intermediate goods (which are used in production and is not consumer) and the raw materials used in the production of final output.
      yes you are very correct and i just have to agree with you that that value of goods and services really matters i just hope this can be done in all the countries because some country never bother about that


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      PCE represents the families which spend on consumer goods like durable and non-durable goods and services. Examples of durable goods are refrigerators, televisions, cars, furniture etc. The non-durable goods are food and beverages, cigarettes and other such goods that perish by use for less than a year.


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      real growth domestic product(GDP) is indicators not only to Forex traders,but for policy makers and technocrat and policy making in gauging recession,with this figure Forex traders can know the health of a economy


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      Quote Originally Posted by kajal View Post
      PCE represents the families which spend on consumer goods like durable and non-durable goods and services. Examples of durable goods are refrigerators, televisions, cars, furniture etc. The non-durable goods are food and beverages, cigarettes and other such goods that perish by use for less than a year.
      wow that is great as well as producing two products together. I think it is a great company because it runs on durables sector and non-durables. thanks for sharing. good job
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      Hello
      Gross National profit and national income are two two important part of economical term.both the gross national profit and national profit plays a important role in the economic condition of a country.
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      GNP is the total money value of all goods and services production during a year in a country including net income from abroad.. Otherhand, National income refers to the total market value of all goods and services produced is the economy during some specified period of time........thanks


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      Hello
      The Gross national production and the National Income is a important term of Economy.Normally gross national production refers that the total production of a country and the other hand National income refers that the average income of the total population of a country.
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      Well, in the economy i will say that many things makes a nation and not just a thing, also permit me to say that ask if a GDP or GNP can solely and singlely make the whloe nation what while?


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