The Gross National Product (GNP) is the sum of value produced by the total productive activity of a country in a given time. This concept of the GNP is very useful in economic forecasting, since it tells you what the state of the economy is at any given moment. The more accurate you can get
The Australian Dollar is in a tailspin and there are multiple reasons for this. One of the most prominent is the slowing economy in China. That means fewer goods and services for Australian dollar traders and that means more people borrowing in the United States to pay for those goods and services. That means the
It’s official, the Aussie Dollar is still in a freefall. The Asian economic nightmare has hit us all to the core and the Australian economy looks set to take another step down the tubes. Will the Reserve Bank of Australia (RBA) be able to maintain a loose stance while it deals with this unprecedented economic