Share
Explore BrainMass

Six Macro-economic indicator

Can you HELP me finding the six Macro-economic indicators and can you give me a definition for each.

Your help is GREATLY appreciated.

Solution Preview

Gross National Product (GNP) is the total value of final goods and services produced in a year by a country's nationals (including profits from capital held abroad). Final goods are goods that are ultimately consumed rather than used in the production of another good. For example, a car sold to a consumer is a final good; the components such as tires sold to the car manufacturer are not; they are intermediate goods used to make the final goods. The same tires, if sold to a consumer, would be a final goods. Only final goods are included when measuring national income. If intermediate goods were included too, this would lead to double counting; for example, the value of the tires would be counted once when they are sold to the car manufacturer, and again when the car is sold to the consumer.

Gross Domestic Product (GDP) is the total value of final goods and services ...

Solution Summary

This gives details of six Macro-economic indicator affecting the industry like GNP, NNP, Purchasing power

$2.19