i have some couple questions regarding macroeconomics..
1 - GDP is not just money, but capitals or more of product or asset value in general?
2 - what exactly is a stock? is it simply an investment towards NEW capital goods? or is there more to consider than that?
3 - whats the difference between national income and GDP?
4 - net = gross - depreciation , i cant visualize how this works, wouldnt the net incomings of anything just be the gross taking off small things like fees or taxes? why is depreciation involved?
5 - net, gross, and revenue... what is the slight differences?
6 - what factor is the economic state involved? money that the government has, the quality of the land, resources, etc... does the assets of individual households account for the economy?
1 - GDP is not just money, but capitals or more of product or asset value in general?
2 - what exactly is a stock? is it simply an investment towards NEW capital goods? or is there more to consider than that?
3 - whats the difference between national income and GDP?
4 - net = gross - depreciation , i cant visualize how this works, wouldnt the net incomings of anything just be the gross taking off small things like fees or taxes? why is depreciation involved?
5 - net, gross, and revenue... what is the slight differences?
6 - what factor is the economic state involved? money that the government has, the quality of the land, resources, etc... does the assets of individual households account for the economy?