GDP is a flow. So is personal income. GDP is the dollar value of the stuff we sell. The flip side of that is that this is how much income we earned. You can dis

GDP is a flow. So is personal income. GDP is the dollar value of the stuff we sell. The flip side of that is that this is how much income we earned. You can dispute this, but it's what it means. http://bit.ly/HYokZe http://bit.ly/HYokZe Your example is flawed for the reasons I mentioned. You have to include the opportunity cost.