Nominal GDP is different than the real GDP. When GDP is calculated at current market prices, it is known as nominal GDP. Nominal GDP includes changes in prices which is different than the real GDP. These changes in prices could be due to inflation and price rise or price fluctuations. Exam...
where [[alpha].sub.L,i,s,t] the labor income share and SGDP--ITS is the sectoral SGDP less net indirect taxes. Productivity growth in goods and services across the heterogeneous states of America (i) For Andhra Pradesh, Bihar and Karnataka there is the significant negative relationship bet...
What is GDP? Gross Domestic Product, or GDP,is a measure used to check the health of a country’s economy. It is defined as the total value of all products manufactured and goods provided in a specific region during a specified period, usually, one year. What is Inflation? Inflation indi...
namely a lack of investment in research and development. “India’s research spending is insufficient to support innovation in high-tech areas like AI. We rank 56th among 130 countries when it comes % GDP spends on research. We need to spend at least 3 X more to catch up with ...
HYDERABAD: Claiming thatTelanganais the richest state in the country, chief minister K Chandrasekhar Rao said the state's per capita income is over Rs 2.2 lakh which is higher than the national per capita income (GDP) of Rs 1 lakh. He said Telangana stands next only to Karnataka's GSDP ...
A global recession is an extended period of economic decline around the world. Most experts use the practical definition of recession as two consecutive quarters of decline in a country’s real (inflation-adjusted) gross domestic product (GDP).
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Karnataka, Maharashtra, and West Bengal, for example, are blazing a trail for others to follow. Are the multinationals really welcome? Foreign direct investment has increased since the start of the reforms, but inflows are still anemic, especially compared with the amount China attracts. In the...
Drought leaves Karnataka farmers in distress; 456 end lives this year Real vs. Fake—Which Christmas Tree Is Better for the Environment? (nature.org) Illegal cocoa farming threatens a Nigerian rainforest | AP News My Daughter’s Earth – by Rachel Donald (wewillbearwitness...