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Response to Historical GDP/GNP growth data from the 1800s?
from Paul A Grace (paulgrace@lookoutranch.com)
In response to Jeff Zaun's answer, I disagree. GDP is simply the
total value of goods and services produced in an economy. GDP does
not "pre-suppose" any objective at all. Like the speedometer on a
car does not pre-suppose the purpose of a trip.
A country may have such an objective, but the GDP does not.
(posted 7475 days ago)
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