Full Project – Design and implementation of a computerized measuring index for a nation GNP
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CHAPTER ONE
INTRODUCTION
Gross National product (GND) in economic is a quantitative measure of a nations total economic activity generally assessed or quarterly most at times GND is said to be the total dollar values of final goods and service produced for consumption in society during a particular economic activity based on labor and production output within a country. The figures sued to assemble data include the manufacture of tangible goods such as cars furniture etc provision of service used in direly living such as education health care and auto repair.
The GND is equaled to the gross domestic product (GND) plus the income earned by the domestic resident through foreign. Investment minus income earned by a foreign investor in the product is often confused with GNP, is calculated is from the total value of good and service produced in an economy over a specified period. The Gross domestic product measure output generated through production by labour and property which is physically located in the confines of a country.
Mecr while, GNP being the value of all final good and services, produced within a nation in a given year plus income earned by its citizen aboard minus income earned by foreigners from domestic production which is regarded as the most important indicator of status of an problem since the second world war ranging from drastic increase of errors in calculation accuracy and variation of data collected for the GNP calculation.
However, all these problems arise as a result of traditional technology that is, the result of traditional technology that is pen and paper technology. This project work critically analyzed the constraints, the very Large volume of data complexity and the logical task performed which contribute to the challenge and designed a technological solution which when deployed and implemented will explore a cognitive approach to the situation
STATEMENT OF THE PROBLEM
GNP/capital is a measure of average national output. There are at least two major kind of problem with this as a major of a problem with this as a major of individual income. The problem is
- PROBLEM OF MEASUREMENT
Non magnetized activity may be poorly estimated (eg product of percent agriculture excluded.
- Problem of conceptual legation GNP/Capital is a simple average of output divided by numbers of people so it does not say anything about the distribution of National income between rich and poor other are
- the GNP measuring connection seriously fawns. The Civility cannot be rewarded until a more accurate and technological measurement is adopted the flaws here include (what is count and what it does not count.)
- Reduced revenue based on a mistaken measure
PURPOSE OF THE STUDY
The purpose of this study is to investigable in the inherent problem of measuring index for a Nation GNP, the develop series of design concept aimed at combating the data over ward which this will the achieved by an effective computer food that enables imitative reconstruction of the traditional method of measuring GNP which will be very powerful in both gathering of data and processing result.
OBJECTIVE OF STUDY
To measure the nature aggregate economic output
To know the value of all the goods and service produced in an economy plus the value of good and server imported bass the goods and services exported
To know the delete may between physical goods and. Intangible service
To know the measure of National income and output
Finally to be concise about the national GNP (measures not value of output in a two more different year.
DEFINITION OF TERMS
GNP (Gross National Product) is the value of all final goods and service produced within a nation in a given year plus income earned by its citizen abroad minus income earned by foreigners form domestic production
GDP (Gross domestic product)
Is the measure of output generated through the production of Labour and properly which is physically located within the continues of a country National GND-This measures the value of output during the year Real GND measure the value of output during a given year using the price prevailing during the year
Real GND measures the value of output in two or more differed year by valuing the goods and service adjusted for inflation
Computer is an electronic device which accepts data as an input store process and retrieves it with a given set of instruction and display result as an output in the desired format
Output: The resultant value or outcome of an event. In computer science output is the result produced by a computer for external use.
STORAGE ABILITY of computer to hold date during before or after processing input data entered or key into the computer.
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Full Project – Design and implementation of a computerized measuring index for a nation GNP