DESIGN AND IMPLEMENTATION OF A COMPUTERIZED MEASURING INDEX FOR A NATION GNP

Project Abstract

Gross National product the most widely used measure of the cyclical ups and down of the economy and to monitor economic growth. In conjunction with measure of Labour and capital input, it provide indicators of nations productivity. This GNP is a primary focus in the analysis of the current economy situation outside, of macro economic forecasting and in policy formulation but the question remain first, what is the accurate output of economy outside its composition and it use second, what is this economic processor mechanism by which output is produced and distributed and how can these non-mortised activity be accurately estimated. How should a National income account be adjusted to I m corporate the delectation of National I resources and deterioration of the environment? This project work is a key store to set of a measures, which provide answers to the question looking at a computerized measuring index for a National GND, this proposal is a valued solution its capability to combat and reduce the problems.

Project Overview

INTRODUCTIONGross 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 Lebour 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 equals to the gross domestic product (GND) plus the income earned by domestic resident through foreign. Investment minus income earned by foreign investor in 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 lebour 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 problem arise as a result of traditional technology that is, 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 challengly and designed a technological solution which when deployed and implemented will explore a cognitive approach to the situationSTATEMENT 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 problem with this as a major of individual income. The problem are1. PROBLEM OF MEASUREMENT Non magnetized activity may be poorly estimated (eg product of percent agriculture excluded. 2. 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 3. the GNP measuring connection is seriously fawned. The Civility can not be rewarded until a more accurate and technological measurement is adopted the flaws here include (what is count and what it does not count.)4. Reduced revenue based on mistaken measurePURPOSE 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 affective computer food that enable imitative reconstruction of the traditional method of measuring GNP which will be very powerful in both gathering of data and processing result.OBJECTIVE OF STUDYTo 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 outputFinally 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 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 accept data as an input store process and retrieve it with given set of instruction and display result as an output in a desired format Output: The resultant value or outcome of an event. In computer science output is the result produced by computer for external use. STORAGE ABILITY of computer to hold date during before or after processing input data entered or key into the computer.