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BMC Market KNOWLEDGE CHECK Outline Transcript Economie Indicators redu. The origins of OOP The origins of GDP Part 2 The origins of ODP. Part 3

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BMC Market KNOWLEDGE CHECK Outline Transcript Economie Indicators redu. The origins of OOP The origins of GDP Part 2 The origins of ODP. Part 3 The origins of GDP Part 4 Knowledge check Economistica . Essential economie indicators Section Summary In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. What does this event reflect about the nature of GDP? Because the GDP is official, its numbers are not subject to interpretation Governments are required to change GDP calculations every five years. If the measurement of economic activity evolves, GDP can change. Inputs to GDP are all qualitative, not quantitative. PREV SUBMIT BMC Market KNOWLEDGE CHECK Outline Transcript Economie Indicators redu. The origins of OOP The origins of GDP Part 2 The origins of ODP. Part 3 The origins of GDP Part 4 Knowledge check Economistica . Essential economie indicators Section Summary In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. What does this event reflect about the nature of GDP? Because the GDP is official, its numbers are not subject to interpretation Governments are required to change GDP calculations every five years. If the measurement of economic activity evolves, GDP can change. Inputs to GDP are all qualitative, not quantitative. PREV SUBMIT

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