What the GDP measures, if anything, has become quite the issue in the digital age. Consider this data: In 2012, U.S. Real GDP was $15,345.63 billion and Real Per Capita GDP was $48,842. Five years later, at the end of
2017, U.S. Real GDP was $17,096.18 billion and Real Per Capita GDP was
$52,446. (All data was extracted May 20, 2018, from FRED https://fred.stlouisfed.org/ .) Considering the data above, did the U.S. make progress? Explain your answer. Given what you know now about economics, should the measure of GDP be changed? Why or why not?

Looking for solution of this Assignment?


We deliver quality original papers

Our experts write quality original papers using academic databases.  

Free revisions

We offer our clients multiple free revisions just to ensure you get what you want.

Discounted prices

All our prices are discounted which makes it affordable to you. Use code FIRST15 to get your discount

100% originality

We deliver papers that are written from scratch to deliver 100% originality. Our papers are free from plagiarism and NO similarity

On-time delivery

We will deliver your paper on time even on short notice or  short deadline, overnight essay or even an urgent essay