Monday, April 14, 2014
this week
Welcome back my fellow economists I am here to tell you about what happened this week in class. Well this week we learned about GDP, and economic indicator table. We learned about the STD and how to determine if a country is economically wealthy. GDP is the gross domestic product which is determined by whether a product is produced by the deadline, it is the final product, and it is value. STD is the standard of living, and how much comfort a person can afford. The indicators table helps tell you how well off a country is doing. It shows things like the GDP per capita, % of people below poverty line, and unemployment. well that's all for this week thanks folks have a great day
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