[QUOTE="KC_Hokie"][QUOTE="-Sun_Tzu-"] Why do you care if GDP drops or rises? From past statements you don't seem to be a fan of GDP
[quote="KC_Hokie"]GDP is a flawed measurement since GNP is more accurate. Governments love to use GDP because it includes various levels of government spending which makes growth appear better than it was.-Sun_Tzu-
Quick side note: GNP includes government spending the same way that GDP does
So not only do you not know what the stock market is, but you don't really know what GDP/GNP is.
GNP doesn't include things like subsidies (a type of government spending).You really don't know what you're talking about. GNP includes everything GDP does, the difference between the two is that GDP is based on geography whereas GNP is based on nationality.
Ahh...no. GDP is the total worth of a country and includes things like subsidies and foreigner's revenue.GNP is the INCOME of a particular nation.
GNP is a far more accurate measure of any economy.
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