3min chapter

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Macroeconomics 2: GDP & What Counts

Planet Money Summer School

CHAPTER

How to Add Up All That Gets Made in the United States

GDP is the number that to day we call g d p, gross domestic product. It was invented because there was clearly a perception that there was something really, really bad going on. But they didn't really know what you could see. The first national income report becomes a best seller and sells out.

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