GDP stands for Gross Domestic Profit. It measures and indicates how fast or slowly the economy is growing or shrinking. Calculating anything can be a chore, especially for people who are not good...Read More
GDP and GPI are both economic tools which are used in determining the economic progress or condition of a country. Both GDP and GPI are very useful because through them you can determine the...Read More
Do you think that CPI and GPD are the same? A lot of people think this way but they should not be mistaken. They are both used in order to test the ratio of the consumers who would like to get...Read More
GNP and GDP are very close, and they have some similarities, but they are not the same. GNP stands for Gross National Product. It is the worth of products of a country irrespective of the...Read More
As a citizen of a country, it is good to know the stand of your country in financial terms. The most common terms you will hear are GDP and national income. GDP or Gross Domestic Product is the...Read More