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Simcountry is an Online Digital World where you are the President of a country.
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Social Security index (Fearless Blue)

Simcountry: Simcountry Bulletin Board  Social Security index (Fearless Blue)

God Damn Hippies (Fearless Blue)

Thursday, April 14, 2005 - 04:15 pm Click here to edit this post
define GNP:

The Gross National Product (GNP) is the total dollar value of all final goods and services produced for consumption in society during a particular time period. Its rise or fall measures economic activity based on the labor and production output within a country. The figures used to assemble data include the manufacture of tangible goods such as cars, furniture, and bread, and the provision of services used in daily living such as education, health care, and auto repair. Intermediate services used in the production of the final product are not separated since they are reflected in the final price of the goods or service. The GNP does include allowances for depreciation and indirect business taxes such as those on sales and property.

lmao... interest rates are not a component of GDP. Neither are open-market operations. Price-level is related to GDP but only as a measure of inflation. Most economists use real GDP which factors out changes in price-level.

the interest rate determine the leasing cost of the money used to produce a product. that product adds value to the GNP. therefor, yes. intrest rates add to the GNP. open market operations is where the value of the product produced is determined. the GDP is a measurment of goods produced in a dollar value.

you obviously don't understand a damn thing john.

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