South Sudan’s GDP was 4.07 billion dollars in 2020. Though South Sudan’s GDP has fluctuated significantly in recent years, it has tended to decline from 2011 to 2020, ending at $4.07 billion in 2020. Is South Sudan a poor or wealthy country? On July 9, 2011, the Republic of South Sudan became the world’s newest […]
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During a recession, the economy suffers, individuals lose their jobs, businesses make less sales, and the country’s overall economic output plummets. The point at which the economy officially enters a recession is determined by a number of factors. In 1974, economist Julius Shiskin devised a set of guidelines for defining a recession: The most popular
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High unemployment, falling average earnings, greater inequality, and increased government borrowing are all hallmarks of a recession (a drop in national income). The severity of a recession is determined by how long it lasts and how deep the drop in output is. Who is most affected by a recession? Those who lose their jobs or
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Defence spending accounts for 15.5 percent of the central government’s budget and 2.1 percent of India’s projected GDP in 2020-21. The Ministry of Defence’s budget has grown at an annual average rate of 9% over the last ten years (2010-11 to 2020-21). How much of the GDP is spent on defence? According to the World
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“Investors should continue to keep equities since stocks normally outperform in times of inflation, especially if it is accompanied by growth.” Consumer staples stocks, such as food and energy, perform well during inflation because demand for staples is inelastic, giving these companies more pricing power because they can increase their prices more quickly than other
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The final distinction is in how the two metrics combine the various prices in the economy. The CPI or RPI gives set weights to different goods’ prices, whereas the GDP deflator gives fluctuating weights. To put it another way, the CPI or RPI is calculated using a fixed basket of products, but the GDP deflator
How Does The CPI Differ From The GDP Deflator? Read More »
Your gums are crucial to your dental health and function. The gums not only aid in the anchoring of teeth in the jaw, but they also protect the tooth roots from disease. However, if your gums recede or shrink back from the teeth, you may lose that protective layer. An exposed tooth is more susceptible
What Causes Tooth Recession? Read More »
Bond funds are popular among risk-averse investors for a variety of reasons. U.S. Treasury bond funds are at the top of the list because they are considered to be one of the safest investments. Investors are not exposed to credit risk since the government’s capacity to tax and print money reduces the risk of default
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Let’s say you wish to compare the GDP of different industries to the GDP of the prior year. The calculation of total GDP for the second quarter of 2017 is presented in the graph below. The difference in GDP between two quarters is then estimated in percentage terms, i.e. GDP of industry multiplied by 100.
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Inflation can be difficult to manage once it begins. Consumers expect greater pay from their employers as prices rise, and firms pass on the higher labor costs by raising their pricing for goods and services. As a result, customers are having a tougher time making ends meet, therefore they ask for more money, etc. It
Which Is Worse Inflation Or Recession? Read More »
