Gee-Whiz

Timothy Francis-Wright twright at ziplink.net
Sat Feb 15 21:04:16 PST 2003


Doug Henwood wrote:


> Japan just reported that its nominal GDP fell by 0.5% in the fourth
> quarter. But because prices are falling, real GDP rose by 2.0%. I've
> never heard of such a thing before.

This reminds me of a question that I've been meaning to ask. How much does price deflation of computers and other electronic equipment affect the US "real" GDP?

--Tim F-W



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