GDP Smackdown

It is a measure of what is happening to prices in an economy

GDP measures how much is produced in an economy in a given time period

It is the data used to determine how many people are employed

GDP is used to determine the inventories of businesses around the us

Whether individuals earn enough money to enjoy life.

A country's productivity.

The quality of life people in the country enjoy.

Whether people smile and act happy.

Whether people feel oppressed by their government.

How people feel while living in the country- education opportunity, happiness, the government they live under- freedoms.

Are people saving money?

How well people get along with their environment?

The welfare of the people of the country- do they have money to spend?

All economic theories.

The notion that the value of the country is more than money generated from products sold.

The theory that the only thing that matters is money spent on goods and services.

GDP is the best measure of the economy because it is easily quantifiable.

Quality of life is an important measure of GDP.

GDP is the best measure of the economy because it measures all the important things.

Hope and love are silly things that no one really likes.

GDP only measures the happiness and satisfaction everyone feels

Only services and products manufactured and sold are valid measures of GDP

The quality of everyone's life is also a measure of GDP