1 This will display the dropdown with suggested places in New York (US); Select the desired Address /Place /City /Village /Town /Airport from both the dropdown lists. 2  Click the Get Distance & Directions button to get the distance between the selected addresses /places /cities /towns /villages /airports in New York (US).
Total output is measured by the money (dollar) value of all final goods and services produced by an economy during a given period of time, usually a year. Total output includes the values of goods produced, like CD players and houses, and the value of services, like haircuts and teachers' salaries.
Economic contractions, troughs, expansions and peaks are unpredictable phases of economic activity referred to as economic business cycles. The gross domestic product, or GDP, is the total market value of goods and services the country produces. As the economy goes through business cycle changes, these positively or negatively affect the GDP. During a contraction, economic output slows, usually due to decreased demand for products and services, an increase in the cost of raw materials or both.