Eric Judy
Prof. Robertson
English Composition
April 1, 2010
What’s GDP?
What is Gross Domestic Product (GDP)?
GDP just isn’t a cliché
Gross domestic product controls the market
The economy’s GDP is reported annually
Our countries GDP includes all goods and services
The monetary value of all that’s produced within a countries boarders
GDP has a formula that calculates private and public consumption
The “C” represents our consumer spending
The “G” signifies government spending
The “I” illustrates the country’s business spending
And the NX indicates total net exports minus imports
GDP measures our nation’s productivity
What is Gross Domestic Product?
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