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The current definition focuses on gross and ignores net: two quarters of a shrinking gross domestic product constitute a recession.
A second problem is that the ratio is calculated using gross investment, ignoring depreciation of the capital stock.
This tends to undermine the return on investment in the short term, because the money is spent now, whereas the returns are spread over many years into the future, unlike manufacturing investment where they appear sooner.Lastly, the ratio is calculated using gross investment, ignoring depreciation.
However, because of the oscillatory nature of arterial pressure and blood flow, this approximation provides not a full characterization of the whole arterial impedance but just a gross oversimplification, ignoring other components such as arterial compliance, characteristic impedance or arterial wave propagation-reflection phenomena [ 2, 3].
A recent report from Demos summarizes longstanding concerns: Official calculations of gross domestic product ignore unpaid work, count spending on education as a form of consumption rather than investment and pretend that depletion of natural-resource stocks, pollution and global climate change are irrelevant to our economic scorecard.
But still it is hard to ignore the gross disproportion in the attention paid to the two parallel streams of suffering.
New Jersey residents poor and rich, Democrat and Republican possess the gift of ignoring gross flaws.
Let's ignore Trump's gross exaggeration of what's happening to health insurance premiums and the fact that the insurance regime he's describing sounds an awful lot like the Affordable Care Act's exchanges, and try to consider what he's proposing to do.
To ignore that is a gross oversight.
While commonly used in vitro culture systems are advantageous for addressing specific experimental questions, they are often gross, fidelity-lacking simplifications that largely ignore the heterogeneity of cancers as well as the complexity of the tumor microenvironment.
"It's gross carelessness on a large scale to ignore the workers at ground zero, to try to sweep it all under the rug," said Carol Lee, 48, of Queens.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com