Tuesday, December 28, 2010

Dear Editor...,

The GDP is a faulty indicator for numerouos reasons.  One because different geographics have access to different materials  causeing an unfair imbalance in the world of industry and the market of certain countries.  Another reason is because GDP measures total output produced within a country's borders, whether produced by that country's own firms or not. A different method that could be used could possibly be GNP because that more accuratley measures a country's total profits.

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