GDP Economics

Look for a definition and a thorough description of all the above concepts. Make sure you are in your own
words can explain all concepts. A description of 1 page per word

1. Nominal GDP *
2. Real GDP
3. BNP
4. Economic growth **
5. GDP per capita **
6. GDP per capita according to purchasing power parity **
7. Business cycle and the different phases
8. Business surveys: consumer and producer confidence *
9. Human Development Index and find the ranking of Belgium, Eurozone, United States and the country that is on 1
10. Shortcomings of GDP as a measure of prosperity
11. Government debt as a percentage of GDP **
12. The Sustainable Development Goals (SDGs – Sustainable Development Goal



Sample Solution

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