Instead of focusing on gross domestic product (GDP), Bhutan measures gross national happiness (GNH).
And to show the folly of GNP, or today's gross domestic product measures, 6% money growth combined with 3% inflation would give Stein the 9% GNP increase he desired.
U.--generally experience slower growth than the U.S. with respect to measures like gross domestic product and job growth.
Gross domestic product, which measures total goods and service output within U.S. borders, was slightly weaker than the 0.7% Wall Street had expected.
These non-GAAP measures include non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income tax expense, non-GAAP net income, non-GAAP net income, or earnings, per share, and free cash flow.
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Gross domestic product (GDP), which measures the value of all the goods and services produced, grew 0.9% in the year, the Brazilian Institute of Geography and Statistics (IBGE) said.
Various costs are subtracted from the revenues to calculate various progressively smaller measures of profit and loss: gross income, net income, EBITDA (earnings before interest, taxes, depreciation and amortization), taxable income, etc.
FORBES: An America In Decline Literally Becomes The 'New' Great Britain
Gross Domestic Product (GDP), which measures the output of the country's goods and services, dropped an annual rate of 1.8% in the latest quarter - a much steeper decline than even the most pessimistic economists had predicted.
Yet, the government measures its success partly in GNH: Gross National Happiness.
"Perhaps studies such as this will help issue a 'wake up' call that makes new build and other measures happen more quickly, " observed Dr Gross.
Sarkozy and Hollande have both said they would stick to a path of fiscal discipline if elected, targeting a budget deficit of 3% of gross domestic product in 2013, but have tiptoed around the more politically unpalatable measures needed to achieve that goal.
This press release includes information about non-GAAP operating income, non-GAAP net income, and non-GAAP earnings per share (collectively with non-GAAP gross margin and non-GAAP operating expenses, the "non-GAAP financial measures"), which are not measurements of financial performance prepared in accordance with U.S. generally accepted accounting principles.
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