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Can ANYBODY please answer these simple ECONOMIC problems?
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View this Thread in Original format
| zabrak |
| EDIT: Wait nevemrind people. Actually now all I need are reasons why the "GDP" could be problematic |
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| Frenchie |
We're not doing your homework for you.
/thread |
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| leph555 |
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| UmmiE |
| quote: | Originally posted by Frenchie
We're not doing your homework for you.
/thread |
+1
I never did my homework for myself.:o |
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| leph555 |
| we should have a TA Homework Help/Service Hotline! |
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| zabrak |
| Help me...Please... |
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| jpisani |
| quote: | Originally posted by zabrak
- "what would you add or subtract from the GDP"
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Probably just subtract the "G", cause I'm all about the "DP". |
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| UmmiE |
| quote: | Originally posted by jpisani
Probably just the "G", cause I'm all about the "DP". |
I'll take both.:o |
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| Darkarbiter |
| quote: | Originally posted by leph555
we should have a TA sexual services hotline! |
fixed |
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| Krypton |
| quote: | Originally posted by zabrak
EDIT: Wait nevemrind people. Actually now all I need are reasons why the "GDP" could be problematic |
Why GDP could be a problem? Your question is far too vague.
You are probably referring to a possible recession of the American economy. Well, if GDP (Gross Domestic Product) decreases for two consecutive quarters, we will officially be in a recession. Now is this a problem? For a consumer economy like the US it is. People lose jobs, investment decreases, corporate profits decrease, etc. BUT, one symptom of a recession if falling prices, which can be good especially when economic bubbles occur like the real estate bubble. There is definately a recession in the financial/housing sector of the economy. This has not spread to the overall economy, yet. That's why you have to watch for the GDP report for the first quarter 2008. 4th quarter 2007, GDP growth fell from the 4% range to just .6%. So if it is below 0% growth, beware of recession... |
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| pkcRAISTLIN |
| i blame the fed. end fiat money. bring back the gold standard! nationalise the fed! :stongue: |
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| Lebezniatnikov |
| GDP is problematic because it doesn't take into account goods and services. ;) |
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