Tip of the Day


GDP, or Gross Domestic Product, is a measure of a political entity’s total economic activity in a year. The United States has long been the nation with the world’s highest GDP, but it is expected to be passed by China by 2016.

Advertisements

6 Comments

    Trackbacks

    1. Hello world! « econprofessor
    2. The Economic Glossary « econprofessor
    3. The Fed’s Job « econprofessor
    4. What Is Deflation? « econprofessor
    5. What Is Fiscal Policy? « Econoblog
    6. Vocab of the Day: Investment « Econoblog

    Your Thoughts?

    Fill in your details below or click an icon to log in:

    WordPress.com Logo

    You are commenting using your WordPress.com account. Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out / Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out / Change )

    Connecting to %s

    %d bloggers like this: