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no, if you trade a dollar back and forth 1000 times with a friend, you are adding $1000 to the GDP.
by 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 agoIf 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 agoright, but if an item goes through 10 different factories to be assembled the price each pays from the previous gets added to GDP.