Sign In
Not register? Register Now!
Essay Available:
You are here: HomeMath ProblemLiterature & Language
1 page/≈275 words
No Sources
Literature & Language
Math Problem
English (U.S.)
MS Word
Total cost:
$ 3.6

Desscribe An Accounting Problem On Gross Domestic Product (Math Problem Sample)



The Gross Domestic Product (GDP) refers to the total value of goods and services produced over a given period of time. The Nominal Gross Domestic Product does not reflect the differences in the cost of living and inflation, hence the use of real Gross Domestic Product. The GDP is often used as a yardstick to measure the performance of the economy.
As the technology improves, production costs decline and prices falls. In order to control the decline of purchasing power of a dollar, chained dollars is used to adjust the real dollar amounts to counter check the inflation. The chained dollars therefore offers the best approach as a measure of Gross Domestic Product. The price level in the economy being the nominal wage rate depends on the money supply. As money supply grows in the economy, the rate of inflation rises. Money in the economy reflects the total value of all transactions in the economy i.e. M= PY where M is money, P is price and Y being all the transactions in the economy.
The first quarter of the year 2006 have a slight increase of its GDP chained dollars compared to the last quarter of the 2005. From the year 1990 to the first quarter of 2006, there has been an increase of GDP chained dollars over the years. However, it started declining from the second quarter of 2006 till the last quarter. This is where the investors are concerned. The reduction of the chain dollars from the second quarter to the last quarter means that the corporate profitability of the stock’s invested by the middle age customers will decline overt...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Managerial Accounting
    Description: After tax rate of return is simply the amount an investor will gain after deduction of all taxes....
    2 pages/≈550 words| No Sources | APA | Literature & Language | Math Problem |
  • Physics Calculations: Radiography And Tomography
    Description: The photons generated by the number of X-rays at the anode end generally depends on the amount of energy which is the product of current and Voltage. Therefore, the impact of mA the X-ray energy spread is raising the energies and at the same time, the spread or spectrum remain intact...
    1 page/≈550 words| 6 Sources | APA | Literature & Language | Math Problem |
  • Logan Distribution Company
    Description: Logan Distribution Company Literature and Language Math Problem...
    4 pages/≈1100 words| APA | Literature & Language | Math Problem |
Need a Custom Essay Written?
First time 15% Discount!