3 ms·

gdp is a revenue like number, not a profit like number.

• graemep 1y ago
  It is closest to value added something most companies do not disclose but is closely related to profit but is NOTHING like revenue.
  • adgjlsfhk1 1y ago
    no, if you trade a dollar back and forth 1000 times with a friend, you are adding $1000 to the GDP.
    • graemep 1y ago
      If you pay someone a dollar, that is because they supplied you with something worth a dollar - i.e. a dollar's worth of value added to the economy.
      • adgjlsfhk1 1y ago
        right, but if an item goes through 10 different factories to be assembled the price each pays from the previous gets added to GDP.