Some thoughts on the US GDP Gross Domestic Product (GDP) is a fascinating little number. As a basic measure of an economy’s performance, it measures the market value of all goods and services made in a nation in a year. Simplistically one way (there are 3) to measure GDP is to add together: consumer spending (or consumption), business spending (or investment), government spending and the net of imports and exports. Taken straight from Wikipedia, the […]
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