Anyone who has taken Economics 101 will be familiar with the equation Y=C+I+G+X-M. Simply put, gross domestic product (Y) is a combination of consumption plus investment, government spending and ...

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

The Mainichi Shimbun answers some common questions readers may have about the new calculation for gross domestic product that the Japanese government is introducing later this year. Question: What is ...

Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...

GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...

BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the country's domestic gross product calculation method by including contribution from heath care, tourism and new ...