GDP does not measure growth sustainability. My country may be achieving high GDP temporarily in a sense that there is misallocation of investments or over exploitation of natural resources. However, considering that it is a basis of standard of living, market prices of commodities as well as other leisurely items may get up high but in reality it should not be the case. I may be forced to buy

GDP -- the production of a pound of hamburger or the production of a pound of caviar? Why? According to the commonly used Expenditure Method of calculating GDP, the production of a pound of caviar would contribute to a nation's GDP than would the production of a pound of ground beef. The Expenditure Method calculates GDP as follows: GDP = Private Consumption + Gross Investment + Government Spending + The difference

Excess relying on Tourism for GDP in Fiji, Seychelles, Costa Rica, Hawaii and Caribbean Islands. Over Reliance of Tourism for GDP Holiday business is a global economic and regional development force. Tourism comes with various costs and benefits. Furthermore, the growing tourism economics contributes in tourism policymaking, planning as well as business practices. In STCRC life span, a number of research documents got printed and distributed bringing forth various methods and new

Pharmacy sales in the United States are positive with growth expected to increase 20% 2005-2008 according to data published by benefit management companies and a market intelligence firm. The rate of increase is lower than it has been in the past five years. Trends negatively impacting the market include consolidation, new store openings, increased mail order, drug importation, and the growth of generic pharmaceuticals. Further, if medicare covers prescription drugs

In the U.S., unemployment benefits last generally for only 6 months. They last two years or longer in Europe. That means that there is less reason for Europeans to get off the dole and go back to work -- this has a detrimental impact on productivity. Protectionism is higher in Europe. Europe averages higher import tariffs and non-tariff barriers in Europe than in the United States. As a result, protected

GDP vs. Inflation GDP is calculated through a number of measures. One of the most important is the rate of consumption. According to the research, "Consumption often makes up more than 50% of the GDP calculations of most nations. In some places, consumption makes up more than 70% of the GDP calculations" (Conjecture Corporation, 2014). Thus, increases in consumption can be tied to rising GDP reports. Thus, "the main relationship between