What is GDP in economics? Are GDP and GNP the same? This expert-approved straightforward definition also includes the GDP formula & real-world examples.
What is GDP Per Capita? GDP per capita is a country's gross domestic product (GDP) per person. Essentially, this measures the amount of goods and sales a country produced per person, on average.
China will soon overtake the United States as the world's largest economy, and global powerhouses like Japan, Brazil, Germany & the UK will rise & fall.
How Does Net Domestic Product (NDP) Work? Gross domestic product (GDP) is the broadest quantitative measure of a nation's total economic activity. Net domestic product (NDP) adjusts this figure by subtracting depreciation on the country's capital assets (housing, machinery and vehicles, for example). The depreciation is officially referred to as the 'capital consumption allowance.' The ...
What is Return on Invested Capital (ROIC)? Return on invested capital (ROIC) is a profitability ratio. It measures the return that an investment generates for those who have provided capital, i.e. bondholders and stockholders. ROIC tells us how good a company is at turning capital into profits.
A recession is two consecutive quarters of declining gross domestic product (GDP). Learn everything you need to know about recessions at InvestingAnswers.
