New answers tagged gdp
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For my bachelors, would it make sense to use C+G (as Consumption + Government Expenditure) as an indicator for the prosperity of the economy?
This does not seem to be justified.
Investment on GDP is not simply some purchase of stocks, but investment into capital goods. Purchasing homes, machines, cars used by businesses factories and in ...
- 54.4k
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Can GDP still rise if no new products are invented and if no new money is printed?
improvements in the production of products, maybe some error was caught and now it produces more
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Can GDP still rise if no new products are invented and if no new money is printed?
Yes. Suppose that only two people exist, Ann and Bob, and the whole money supply is a gold coin in the hands of Ann. By working hard, Ann can produce A-widgets, and Bob can produce B-widgets. Suppose ...
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