This means that GDP should not be regarded as the only measurement of the country’s economic development and social progress.随着过去几十年中国经济与社会的快速发展,一些问题和矛盾也显现出来.这些都意味着GDP不应该被当做衡量经济发展和社会进步的唯一标准(或衡量准则).GDP does not reflect the real ...
Nominal GDP does not reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing ...
Sir Charles Bean wrote that GDP is often viewed as a “summary statistic” for the health of the economy. This means it is frequently conflated with wealth or welfare, though it only measures income. “Importantly, GDP… does not reflect economic inequality or sustainability (environmental,...
a不让父母操心 Does not let the parents worry [translate] acan you( )living in the city without water 能()居住在城市的您,不用水 [translate] a这是她最喜欢的节目之一 This is one of programs which she most likes [translate] aGDP不仅能反映一个国家的需求 Not only GDP can reflect a ...
Some experts argue that GDP does not necessarily reflect the true well-being of a country's citizens, as it does not take into account factors such as income inequality, environmental degradation, or social welfare. 。 5. Despite its limitations, GDP data remains a valuable tool for ...
a珍贵地 Preciously[translate] aGDP不仅能反映一个国家的生产规模,而且还能反映这个国家的产业结构 Not only GDP can reflect a national the scale of production, moreover also can reflect this national the industrial structure[translate]
The growth of GDP alone does not reflect the development of a nation or the well-being of its citizens, but it does reflect the nation’s economic health. In this material, we have learned about the GDP full form and the functions and drawbacks of GDP. Modifications have been made to ...
Gross domestic product(GDP) is amonetarymeasureof the market value of all thefinal goodsand services produced in a specific time period.[2][3]GDP (nominal) per capitadoes not, however, reflect differences in thecost of livingand theinflation ratesof the countries; therefore, using a basis of...
Give two reasons why GDP does not reflect total production in an economy. a) Why is GDP referred to as both the total output and the total income of the economy? b) Why do we distinguish between Nominal GDP and Real GDP? Which is more important in ...
Rising prices tend to increase a country’s GDP, but this does not necessarily reflect any change in the quantity or quality of goods and services produced. Thus, by looking just at an economy’s nominal GDP, it can be difficult to tell whether the figure has risen because of a real exp...