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Gdp

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  • then make a better one for me kkhris
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  • Nice and clear presentation but $36.000 per capita is far from the highest (half less then luxemburg for exemple) and surely around the 10th rank in the world.
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  • 1. Avery Trendel Block 3
  • 2.
    • GDP or Gross Domestic Product is the total dollar value of all final goods and services produced in a country during one year.
    • The United States has the highest GDP in the world.
  • 3.
    • GDP per capita is calculated by dividing GDP by the total population.
    • The United States has a GDP per capita of $36,000 making it the highest in the world.
  • 4.
    • The current U.S. unemployment rate is at 7.6%
    • The rate in North Carolina is about 7.9%
    • This is important because these people do not have jobs! They are not making money for their families!
  • 5.
    • Personal income refers to salaries and wages as well as investment income and government payments to individual.
    • Examples are salaries and getting money from the stock market
  • 6.
    • It is important to have higher productivity because more work will get done which means more income comes in.
    • Technology, efficient work methods, training, and the overall skill of workers improves productivity.
  • 7.
    • Consumer spending for food, clothing, housing, and other spending.
    • Business spending for buildings, equipment, and inventory items
    • Government spending to pay employees and to buy supplies and other goods and services
    • The exports of a country less the imports into the country

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