Timeline for Congruence of GDP as calculated by production and by consumption
Current License: CC BY-SA 4.0
4 events
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Nov 3, 2019 at 22:40 | comment | added | Kent Shikama | I'm not sure with respect to your first question. Maybe economics.stackexchange.com/a/13071/8387 will help. Government spending is for things like building bridges. Payments usually go to government employees and contractors. Most machines you're probably thinking of are not considered intermediate products as they don't further transform into the final good. If you run a print shop, then the paper and ink that is used to produce prints is an intermediate good but the printing press itself is not. | |
Nov 3, 2019 at 15:28 | comment | added | Hans-Peter Stricker | Government spending for what? Payments by the government to whom? And isn't investment of private companies e.g. in machines exluded, as well as expenditures for intermediate products? | |
Nov 3, 2019 at 0:06 | comment | added | Hans-Peter Stricker | Even when the unsold goods are shredded or burned? | |
Nov 2, 2019 at 20:30 | history | answered | Kent Shikama | CC BY-SA 4.0 |