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viandante
on April 19, 2012
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Spain Is Doomed
Well, let's say that now that he saves 25k for the maid, he hires a gardner. GDP 225 again? So basically the GDP depends on the number of transactions? Is that so?
maratd
on April 19, 2012
[–]
Yes, that is so. GDP = Gross Domestic Product. It's gross. Not net. There is no saving, no
subtraction
of any kind. Just addition.
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