The International Comparison Program (ICP) comparisons of gross domestic product (GDP) are based on the value of an individual item equaling the product of its price and quantity (that is, the ...
Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Wooden blocks with the word GDP and up and down arrows. An ...
Senate Minority Leader Charles Schumer (D-N.Y.) on Wednesday introduced legislation that would require gross domestic product (GDP) data to include measures of inequality. “Too often, when we hear ...
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