Sentences with phrase «of nominal gross domestic product»

The velocity of money can be calculated as the ratio of nominal gross domestic product (GDP) to the money supply (V = PQ / M), which can be used to gauge the economy's strength or people's willingness to spend money.
[9] Final sales to domestic producers (FSDP) is defined as «the sum of nominal gross domestic product plus imports minus exports minus the change in private inventories.»
To forcefully tackle the unemployment problem, he needs to set a new policy framework — in this case, to begin targeting the path of nominal gross domestic product.
Based on IMF (International Monetary Fund) stats, Canada is placed at 17th in terms of nominal gross domestic product (GDP) constructed on purchasing power parity (PPP).
As it turns out, the PBO forecast of nominal gross domestic product (GDP) differs only marginally from the adjusted forecast of nominal GDP used in the March 2011 Budget (see Table 1).
In late August, Western University's Mike Moffatt, another widely read economist (and Canadian Business commentator), joined the discussion, writing in the Globe and Mail that the Bank of Canada should target the growth of nominal gross domestic product.

Not exact matches

The Province's revenues tend to grow roughly in line with the Ontario economy (that is, nominal gross domestic product [GDP]-RRB-, since it is economic activity that generates the majority of revenues.
On December 19, 2011, the federal Minister of Finance announced that the federal government had decided that, beginning in 2017 - 18 and through to 2023 - 24, the annual increase in the Canada Health Transfer (CHT) would be linked to a three - year moving average in nominal Gross Domestic Product (GDP).
This was based on real GDP growth of 2.0 % and nominal gross domestic product growth of 1.6 % in 2015.
In addition, PBO's forecast for nominal gross domestic product (GDP)-- the broadest measure of the federal tax base - is considerably lower than the average of the private sector economists» forecasts released by the Minister of Finance on October 29, 2012.
Nominal gross domestic product, the broadest measure of the tax base for federal revenue, is projected to be about 6 per cent higher in 2010 than in 2009, which should impact positively on federal revenues.
Slow nominal gross domestic product (GDP) and central bank policy have already conspired to rob bond investors of income.
Currently, the Department of Finance only using the major aggregates of economic activity — real and nominal gross domestic product (GDP), short and long - term interest rates, etc..
This market is an economy with approximately a billion people, a nominal Gross Domestic Product (GDP) of $ 2.4 trillion and a market capitalisation of $ 1.7 trillion.
The private sector economists are surveyed for only a selective number of aggregate economic and financial indicators: real gross domestic product (GDP) growth; GDP inflation, nominal GDP;, the 3 - month treasury bill rate;, the 10 - year government bond rate;, the unemployment rate; the, consumer price index; the exchange rate (US cents / Cdn $); and finally, and U.S. real GDP growth.
In December 2011, Minister Flaherty unilaterally announced to the provinces that the annual Canada Health Transfer escalator would be cut from 6 per cent per year to a moving average of growth in nominal gross domestic product, or would grow by at least 3 per cent per year.
In the March 2016 Budget, Finance Minister Morneau reduced the private sector economists» forecast of average nominal gross domestic product (GDP) by $ 40 billion per year.
The government recently made changes to the Canada Health Transfer, reducing the escalator from an annual increase of 6 % per year to a three - year moving average in nominal gross domestic product.
In the budget, nominal gross domestic product (GDP) was reduced by $ 40 billion annually throughout the forecast period, implying a fiscal prudence factor of $ 6 billion per year, twice the normal amount of prudence.
Local reports have claimed that Ghana loses US$ 4.5 billion every year (annually) from nominal gross domestic product (Nominal GDP) growth as a result of economic corruption and economic crime by the incumbent National Democratic Congress (NDC) government of Ghana led by John Dramani nominal gross domestic product (Nominal GDP) growth as a result of economic corruption and economic crime by the incumbent National Democratic Congress (NDC) government of Ghana led by John Dramani Nominal GDP) growth as a result of economic corruption and economic crime by the incumbent National Democratic Congress (NDC) government of Ghana led by John Dramani Mahama.
Slow nominal gross domestic product (GDP) and central bank policy have already conspired to rob bond investors of income.
Another major finding is that corporate earnings grow around 85 % to 90 % of the Gross Domestic Product's NOMINAL growth rate.
Boiling it all down, we see respectable 2018 U.S. nominal gross domestic product growth of 4.5 % to 5 %, with the rest of the world enjoying a synchronous growth paradigm.
ECONOMIC OVERVIEW Minister of the Economy: Roberto Lavagna Currency: Peso Financial Exchange Rate: US$ 1 = 3.6 Argentine Pesos (10/29/02) Nominal Gross Domestic Product (2001E): $ 267.6 billion (2002E): $ 111.3 billion Real GDP Growth Rate: (2001E): -4.5 % (2002E): -13.7 % Inflation Rate: (2001E): -1.1 % (2002E): 30.7 % Unemployment Rate: (2002E): 22 % Current Account Balance as a % of GDP: (2001E): -1.7 % (2002E): 7.3 % Major Trading Partners: Brazil, United States, Japan, Uruguay, Chile, Germany, France Major Export Products (2000): Agricultural products (including manufacturing of agricultural products)(55 %), industrial products (30 %), energy (15 %) Major Import Products (2000): Consumer goods (23 %), industrial inputs (including raw materials)(34 %), capital goodProducts (2000): Agricultural products (including manufacturing of agricultural products)(55 %), industrial products (30 %), energy (15 %) Major Import Products (2000): Consumer goods (23 %), industrial inputs (including raw materials)(34 %), capital goodproducts (including manufacturing of agricultural products)(55 %), industrial products (30 %), energy (15 %) Major Import Products (2000): Consumer goods (23 %), industrial inputs (including raw materials)(34 %), capital goodproducts)(55 %), industrial products (30 %), energy (15 %) Major Import Products (2000): Consumer goods (23 %), industrial inputs (including raw materials)(34 %), capital goodproducts (30 %), energy (15 %) Major Import Products (2000): Consumer goods (23 %), industrial inputs (including raw materials)(34 %), capital goodProducts (2000): Consumer goods (23 %), industrial inputs (including raw materials)(34 %), capital goods (43 %)
ECONOMIC OVERVIEW Minister of Economic Development and Trade: German Oskarovich Gref Minister of Finance: Aleksey Leonidovich Kudrin Currency: Ruble Market Exchange Rate (11/6/02): $ 1 = 31.8 rubles Nominal Gross Domestic Product (GDP)(2001E): $ 319.3 billion; (2002E): $ 352.6 billion Real GDP Growth Rate (2001E): 5.0 %; (2002E): 4.1 % Inflation Rate (Change in Consumer Prices, Dec. 2000 - Dec.
The progress in the general insurance industry has kept pace with the nation's nominal gross domestic product (GDP), leading to general insurance penetration staying constant in the range of 0.55 - 0.75 % over the last 10 years.
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