Martin FS
  • Member for 7 years, 1 month
  • Last seen more than 3 years ago
  • Luxembourg
What is the purpose of measuring GNP?
3 votes

As you said, GDP (Gross Domestic Product) measures the market value of all good and services produced in a certain period in a country, either by national or non-resident bodies (firms, non-profit ...

View answer
Where can I find data on income and social mobility over time? How far back is data available?
1 votes

Regarding income inequality: Economists used to rely on household surveys in which individuals (or households) reported their earnings, social benefits, etc. Although this is still done, recent ...

View answer
Growth Accounting
0 votes

Land is included inside capital. You should not think of land only as the fields for agricultural production but as any physical space needed for productive processes. Therefore, land could be the ...

View answer