September 2012
M T W T F S S
« Aug   Oct »
 12
3456789
10111213141516
17181920212223
24252627282930

Categories

Archives

Archives

Chasing GDP

According to wikipedia, Gross Domestic Product (GDP) can be calculated a number of ways. I’d like to pick out (on?) the most common one for this rant.

GDP = private consumption + gross investment + government spending + (exports − imports) = C + I + G + (X – M)

Economists (since Keynes) have […]