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  2. Measures of national income and output - Wikipedia

    en.wikipedia.org/wiki/Measures_of_national...

    Similarly, the impact of economic activity on the environment is not measured in calculating GDP. Comparison of GDP from one country to another may be distorted by movements in exchange rates. Measuring national income at purchasing power parity may overcome this problem at the risk of overvaluing basic goods and services, for example ...

  3. Gross domestic product - Wikipedia

    en.wikipedia.org/wiki/Gross_Domestic_Product

    Real GDP can be used to calculate the GDP growth rate, which indicates how much a country's production has increased (or decreased, if the growth rate is negative) compared to the previous year, typically expressed as percentage change. The economic growth can be expressed as real GDP growth rate or real GDP per capita growth rate.

  4. National Income and Product Accounts - Wikipedia

    en.wikipedia.org/wiki/National_Income_and...

    The table summarizes national income on the left (debit, revenue) side and national product on the right (credit, expense) side of a two-column accounting report. Thus the left side gives GDP by the income method, and the right side gives GDP by the expenditure method. The GDP is given on the bottom line of both sides of the report.

  5. GDP: Definition, Examples and Economic Usage - AOL

    www.aol.com/news/gdp-definition-examples...

    Gross domestic product (GDP) measures the market value of all goods and services a country produces in a specific time frame. It’s used to gauge a nation’s economic growth and its people's ...

  6. Real gross domestic product - Wikipedia

    en.wikipedia.org/wiki/Real_gross_domestic_product

    Real GDP is an example of the distinction between real and nominal values in economics.Nominal gross domestic product is defined as the market value of all final goods produced in a geographical region, usually a country; this depends on the quantities of goods and services produced, and their respective prices.

  7. Growth accounting - Wikipedia

    en.wikipedia.org/wiki/Growth_accounting

    The growth accounting model is normally expressed in the form of the exponential growth function. As an abstract example consider an economy whose total output (GDP) grows at 3% per year. Over the same period its capital stock grows at 6% per year and its labor force by 1%.

  8. Net national income - Wikipedia

    en.wikipedia.org/wiki/Net_national_income

    This formula uses the expenditure method of national income accounting. When net national income is adjusted for natural resource depletion , it is called Adjusted Net National Income , expressed as

  9. Gross domestic income - Wikipedia

    en.wikipedia.org/wiki/Gross_domestic_income

    For oil-export-dependent economies, there could be substantial differences between real GDP and real GDI, due the effect of oil price volatility on the purchasing power in those countries. [1] [2] In the United States National Income and product accounts, the word GDI is use to define GDP calculated with income data rather than expenditure data ...