Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

Anyone who has taken Economics 101 will be familiar with the equation Y=C+I+G+X-M. Simply put, gross domestic product (Y) is a combination of consumption plus investment, government spending and ...

Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...

BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the country's domestic gross product calculation method by including contribution from heath care, tourism and new ...

The Mainichi Shimbun answers some common questions readers may have about the new calculation for gross domestic product that the Japanese government is introducing later this year. Question: What is ...

GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...