1. Economic Indicators of the Gross Domestic Product (GDP)
Simply put, as Ryan Barnes wrote, "GDP is the godfather of the indicator world" (Barnes. ... He later wrote, "as long as markets were free and competitive, the actions of private individuals, motivated by self-interest, would work together for the greater good of society" (Beggs. ... And while Adam Smith did not have a direct hand on framing the Constitution, he certainly had a strong indirect play with his work and many economic theories (Beggs. ... Gross Domestic Product has its playing hand in nearly all aspects of the economy, and with this comes importance of recogniti...
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- Grade Level: Undergraduate