The gross domestic product (GDP) is a vital measure of a nation's overall economic activity. It's important to understand the GDP's effect on an economy. A rising GDP is a sign of a growing national ...
How the Gross Domestic Product (GDP) is used in measuring our economic growth and whether alternative measures are also needed to provide a more comprehensive outlook of economic progress. This ...
The idea of gross domestic product is about as esoteric a concept as you can find within the popular culture. Why, then, is it so important? We have already discussed why economists are interested in ...