Wednesday, January 19, 2011

Letter to Editor: GDP

Dear Editor,

I feel that using GDP is an inefficient and innacurate way to calculate all of the money made in America.  The National Net Product (NNP) is a more accurate way to calculate the annual amount of money made in the United States. The NNP is the best option because instead of accounting for only gross domestic product, it accounts for net product.  This allows for indirect taxes on production to be factored in as well.

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