3 ms·
Thanks for the reply. I'm not an expert in economics and also not sure how much wikipedia is to be trusted, but going by definition: "IMF publication states tha
by 87tau 8y ago
Thanks for the reply. I'm not an expert in economics and also not sure how much wikipedia is to be trusted, but going by definition: "IMF publication states that "GDP measures the monetary value of final goods and services—that are bought by the final user—produced in a country in a given period of time (say a quarter or a year)", GDP is an aggregate over a time period, more like distance and not similar to velocity. GNP though is interesting, I hadn't heard of it before, I will explore it further.
- thanatropism 8y agoYes, but this is an artifact of discrete time. In discrete time increments, your running velocity is an aggregate of how much you walked over an hour. Or something.