Gross domestic product, or GDP, is a measure of a ... and politicians often consider other measurements in addition to GDP. For example, if a country has a high overall GDP but a low per-capita ...

There are two ways to calculate a nation's gross domestic product (GDP): by adding up all of the money spent or all of the ...

That means, for example, that a baker who produces a loaf of bread for a customer would contribute to GDP, but would not contribute to GDP if he baked the same loaf for his family. Moreover, “gross” ...

Economists have historically used GDP per capita to determine the richest country in the world, but that's misleading when ...

For example, the quarter-to-quarter growth ... The stock market affects gross domestic product primarily by influencing financial conditions and consumer confidence. When stocks are in a rising ...

It first presents the rationale for using wealth as a measure of economic progress (chapter 1), explains in detail the CWON methodology (chapter 2), and presents global trends observed in the data ...

Gross Domestic Product, or GDP, is a measurement of economic ... use GDP as a guide to determine policy moves. For example, Congress could pass legislation to spur economic growth if GDP shows ...