Byzantine on Nostr: if the government spends $100 million on unemployment benefits, that $100 million is ...
if the government spends $100 million on unemployment benefits, that $100 million is included in government consumption expenditure and is added to GDP.
,the actual services or goods purchased with those benefits, such as groceries or rent, are not counted again in GDP to avoid double counting.
Published at
2024-09-16 12:16:27Event JSON
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"content": "if the government spends $100 million on unemployment benefits, that $100 million is included in government consumption expenditure and is added to GDP. \n\n,the actual services or goods purchased with those benefits, such as groceries or rent, are not counted again in GDP to avoid double counting.",
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