Sentence examples for calculation of gdp from inspiring English sources

The statistical calculation of GDP places no value on the work of at-home parents.

But Eduardo Montealegre, the finance minister, argues that the true figure is as low as 11%, when the huge black economy is included in the calculation of GDP.

But the Catholic University of Argentina calculates that, going by the true cost of living, the correct figure is 27%.Similarly, underestimating inflation has had the effect of bloating the official calculation of GDP since 2007 (see chart).

For example, an introductory economics course should not only discuss the macro-impacts of monetary and fiscal policy but also raise debate on the inherent flaws in our currently accepted calculation of GDP, which looks at only financial transactions (both good and bad), or on the consequences of increasing income inequality in society.

Imports, which are a subtraction in the calculation of GDP, also decreased.

However, the capital, labor and legal work associated with fixing these types of problems are captured in the calculation of GDP.

But errors in its measurement are unlikely to be correlated with errors in the calculation of official GDP, since they arise for different reasons.

(In anticipation of the next section, perhaps it is also worth remembering that neither the output generated nor the workers employed by U.S.-based companies outside the United States play any role in the calculation of either GDP or productivity).

There are four key components that go into the calculations of the GDP — personal consumption expenditures, domestic investment, net exports and government expenditures — and this table breaks down the $18.5 trillion figure.

The authors compared these measures with calculations of wealth (GDP) and autonomy (the feeling of being independent).

Creations like Wikipedia and open-source code are not being counted as part of GDP calculations, meaning productivity is rising invisibly.