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No, they have different units. GDP is measured in currency/time (the denominator is usually a year) whereas market cap is measured in currency. Think about how
by thedufer 8y ago
No, they have different units. GDP is measured in currency/time (the denominator is usually a year) whereas market cap is measured in currency.
Think about how much sense it makes to say "200 miles? That's about as far as the top speed of a Nascar car!" There's kind of a valid comparison happening, but it requires the reader to correctly guess the time period you're talking about for the speed.