Question
1. LISTEN: Did you know they just INVENTED the idea of GNP? Why and HOW... The idea of measuring GNP is a relatively new thing.
1. LISTEN: Did you know they just INVENTED the idea of GNP? Why and HOW...
The idea of measuring GNP is a relatively new thing. Understanding why it was invented helps you understand what it measures and what it leaves out.
https://www.npr.org/2022/07/20/1112482124/planet-money-summer-school-2-gdp-what-counts
2. WATCH: REAL vs. NOMINAL GDP, and a whole lot more, all explained with great visuals!
Real Versus Nominal GDP...and per capita GDP,all explained with great visuals!
https://www.youtube.com/watch?v=rGqhTQyY6g4
NOTE: "PLEASE LISTEN AND WATCH THOSE OF ITEM AND MAKE SUMMARY ( COMMENTS) ON IT."
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