Eli5: What is gdp? Why its so important? And why a lot of polls not using it are said to be misleading?

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Eli5: What is gdp? Why its so important? And why a lot of polls not using it are said to be misleading?

In: Economics

4 Answers

Anonymous 0 Comments

It’s when you pay one guy $20 to dig a hole, another $20 to fill it, and suddenly you have added 2 jobs to the economy and boosted GDP by $40.

It’s a get-rich-quick hack to rig the international market with your own arbitrary numbers and standards! Only governments can use it though.

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