GDP, which stands for Gross Domestic Product, is the most common abbreviation in economics. It has become widely used as a reference point for the health of national and global economies. No number is quite so central to public life as the gross domestic product. Political scientists build formulas around it to predict who will win the presidency. The stock market trembles at the approach […]

Introduction Human beings are created in a unique way. The qualities we engage differentiate us from one another, as we are gifted with unlimited blessings. We have almost full control over our actions and behaviour, which is the reason why we sometimes struggle to innovate new methodologies for our well-being. Going back in history we started our lives from caves until being part of this […]

What are some limitations of the Gross Domestic Product measure and some ideas for improving it? GAP has four major limitations: It includes the replacement of depreciated capital. It measures income produced in a country but not how much income people in that country re-chive. Since GAP only counts monetary transactions (including est.-mates for those in the shadow economy), it misses many other AC-divinities that […]

Abstract The main aim of this study is to find out relationship among tax revenue, total expense, gross domestic production and budget deficit of Sri Lanka. Budget deficit is a vital problem in Sri Lanka. This study covers 26 years from 1990 to 2015. This research mainly covers three independent variables such as tax revenue, total expense and gross domestic production. Budget deficit is dependent […]