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ECON2 Gross Domestic Product Answer all the questions below 1. What is meant by the term nominal GDP 2. What is the UK’s current nominal GDP 3. What is meant by the term real GDP 4. What is the UK’s current real GDP 5. What is GDP per Capita 6. What is the GDP per Capita for the following countries? a. UK b. USA c. Japan d. China e. Eurozone 7. What is Gross National Product and how does it differ to GDP WWW.AQUINASECONOMICSAS.CO.UK @AQUINASECONOMIC

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Page 1: Gross domestic product

ECON2

Gross Domestic ProductAnswer all the questions below

1. What is meant by the term nominal GDP2. What is the UK’s current nominal GDP3. What is meant by the term real GDP4. What is the UK’s current real GDP5. What is GDP per Capita6. What is the GDP per Capita for the following countries?

a. UKb. USAc. Japand. Chinae. Eurozone

7. What is Gross National Product and how does it differ to GDP

WWW.AQUINASECONOMICSAS.CO.UK@AQUINASECONOMIC

http://WWW.AQUINASECONOMICSAS.CO.UK/

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