S E25: Gross Domestic Product - Adding Up Everything We Do
Think Like An Economist
Digital Economy
Economists look at g d p and productivity to understand how the economy is doing. But what most people don't understand is g d p is not a measure of the value created. The digil economy has a lot of free goods like wicipedia, instant messaging,. e mal search, social media. Most of those goods show up in g d p because they have zero price.
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