Gross domestic product (GDP): Definition, types and alternatives
- November 14, 2023
- Brian Jenkins, economics, Money Geek, Nov. 14, 2023
Expert Insights on GDP. Brian Jenkins, UCI Associate Teaching Professor and Director of Undergraduate Studies in the Department of Economics [said]: “GDP is a reflection of the new goods and services that workers, and therefore consumers, have produced over a period of time. Rising GDP growth means rising household income growth and presumably more sound personal finances.”
For the full story, please visit https://www.moneygeek.com/economics/terms/gdp/#expert=brian-jenkins.