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> If your barber finds a way to cut your hair 10% faster, that shows up in GDP growth. No it doesn't. He'd need to profit from that effeciency first. Idle tim
by throwoutway 3y ago
> If your barber finds a way to cut your hair 10% faster, that shows up in GDP growth.
No it doesn't. He'd need to profit from that effeciency first. Idle time is not reported in GDP