An attempt to clarify a difficult term or concept, like economics, politics, or American government; only to cause more confusion.
Q: Why don't they just print out more money to solve the debt crisis?
A: Well, The country's GDP is a measure of a country's wealth and determines the value of it's currency. To determine a country's GDP you use the formula:
GDP = compensation of employees + gross operating surplus + gross mixed income + taxes less subsidies on production and imports
or GDP = COE + GOS + GMI + TP & M - SP & M
Response: Dude, nevermind....you just created mo'fusion
A: Well, The country's GDP is a measure of a country's wealth and determines the value of it's currency. To determine a country's GDP you use the formula:
GDP = compensation of employees + gross operating surplus + gross mixed income + taxes less subsidies on production and imports
or GDP = COE + GOS + GMI + TP & M - SP & M
Response: Dude, nevermind....you just created mo'fusion
by Chicken29 July 26, 2011