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Idiots are the spawn of Satan.
Russian economists should have figured out that American economists could not do algebra in the 1950s.
What is NDP?
Can economists do algebra?
NDP = GDP - Dcap (definition in econ books)
Real NDP = GDP - (Dcap + Dcon)
Dcap = Depreciation of Capital Goods
Dcon = Depreciation of Durable Consumer Goods
GDP: Grossly Distorted Propaganda
http://www.toxicdrums.com/economic-wargames-by-dal-timgar.html
Russian economists should have figured out that American economists could not do algebra in the 1950s.
What is NDP?
Can economists do algebra?
NDP = GDP - Dcap (definition in econ books)
Real NDP = GDP - (Dcap + Dcon)
Dcap = Depreciation of Capital Goods
Dcon = Depreciation of Durable Consumer Goods
GDP: Grossly Distorted Propaganda
http://www.toxicdrums.com/economic-wargames-by-dal-timgar.html