The relationship between per capita gross domestic product and both Assignment

The relationship between per capita vulgar domestic product and both secondary school enrolment rate and bank rates - Assignment practiceThe paper tells that gross domestic product is the measure of a countrys total productivity level. It refers to the total cost of output in commodities. Elements of gross domestic product involve consumption, investment, government purchase, and net export. Both consumption and net export of an economy are factors of the territorys functional frugal resources and its level of usable income. With high levels of disposable income, people are able to purchase into consumptions as well as invest into export dealings. Investments, on the other hand, refer to fiscal value of resources that are used for production processes. Whether by private or public sector, investment rates and levels depend on the availability of resources and the capacity to mature such resources through savings or borrowings. The last component of gross domestic product is government expenditure through central government, local governments, and political institutions in public utilities such as education. Per capita gross domestic product measures the net output per person. It therefore depends on a countrys population size and may have a different trend from the real gross domestic product. One of the fundamental contributors to sparing offshoot is the availability of resources for injection into the economy. Since financial institutions are a source of monetary resource through provision of loans, they are of prime importance to economic growth. formulation of loans to investors and private consumers for instance has direct effects on consumption, investments, and net export... It refers to the total cost of output in commodities. Elements of gross domestic product include consumption, investment, government purchase, and net export (Mankiw, 2008, p. 496). Both consumption and net export of an economy are factors of the territorys available eco nomic resources and its level of disposable income. With high levels of disposable income, people are able to purchase into consumptions as well as invest into export dealings. Investments, on the other hand, refer to monetary value of resources that are used for production processes. Whether through private or public sector, investment rates and levels depend on the availability of resources and the capacity to acquire such resources through savings or borrowings. The last component of gross domestic product is government expenditure through central government, local governments, and governmental institutions in public utilities such as education (Mankiw, 2011, p. 198). Per capita gross domestic product measures the net output per person. It therefore depends on a countrys population size and may have a different trend from the real gross domestic product (Boyes and Melvin, 2007, p. 389, 390). One of the fundamental contributors to economic growth is the availability of resources f or injection into the economy. Since financial institutions are a source of monetary resource through provision of loans, they are of prime importance to economic growth. Provision of loans to investors and private consumers for instance has direct effects on consumption, investments, and net export (Brooks, 2008, p. 502 Yartey et al, 2008, p. 22). Credit rates of banks, which is a factor to their lending capacity determines availability of loans to investors and consumers. Similarly, cut