3 ms·
You're really trying hard to disprove the definition. GDP is the country's income. Full stop is not that hard. Also you're wrong twice, because also the aggre
by ausudhz 4y ago
You're really trying hard to disprove the definition.
GDP is the country's income. Full stop is not that hard.
Also you're wrong twice, because also the aggregated value of all the transactions of an individual sums up to something that is called income.
You're just being pedantic for no reason.
I can have many income sources: work, royalty, dividends, rent, selling books etc.
To use your analogy the are all transactions with my personal economy (made by myself, one person) and it's called: income