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English words and Examples of Usage
use "gross domestic product " in a sentence
The three richest people in the world have assets that exceed the combined gross domestic product of the 48 least developed countries.
Tourism contributes over 10% to the gross domestic product of the Persian Gulf nation of Bahrain.
The NYT says the deal will produce the fourth-most-valuable company in the country, one with a stock market value "roughly equal to the gross domestic product of Mexico.
Since 1990, Iraq's gross domestic product has shrunk an average of 35 percent each year.
Last year, the private sector generated 70 percent of the country's gross domestic product .
An article condemns the budget as soft on defense: It cuts military spending to about 3 percent of gross domestic product, only half its Cold War level.
The share of government spending in the gross domestic product of industrial countries has risen steadily throughout the century, up to the current 46 percent.
The territory's gross domestic product is expected to grow by 5 percent or 6 percent in 1997 and 1998, up from 4.
By the end of the decade, America's real gross domestic product surged by 32 percent.
Hard-line conservatives argue, moreover, that the real measure of lost resolve is to be found in the fact that military spending will fall to less than 3 percent of gross domestic product by 2002.
Everyone knows that economists are people who know the price of everything and the value of nothing, who think that anything that increases gross domestic product is good and anything else is worthless, and who believe that whatever free markets do must be right.
) But won't protecting the environment reduce the gross domestic product?
"Gross domestic product is not a measure of the nation's economic well-being"--so declares the textbook as soon as it introduces the concept.
In just the last two years, I've learned that I believe that gross domestic product is the sole measure of economic welfare, that growth at more than 2.
economy--as measured by real gross domestic product--is growing rapidly, the unemployment rate falls, when the output is growing slowly or is shrinking, the unemployment rate rises.
But Japan's investment as a percentage of gross domestic product is the highest among major advanced economies.
To see what I'm talking about, consider a recent Washington Post column by Robert Samuelson, in which he seems to dismiss all macroeconomic analysis--all attempts to understand the behavior of aggregates such as gross domestic product and the price level--as useless, even malign.
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