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Gdp

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Published in: Business, Economy & Finance
  • 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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Gdp

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

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