If all ferraris were cut in price, that would lower GDP, right?
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Replying to @ZachWeiner
@ZachWeiner not if production and consumption increased to compensate1 reply 0 retweets 0 likes -
Replying to @arthur_affect
@arthur_affect Yes, but "instantaneously" GDP would fall, right?1 reply 0 retweets 0 likes -
Replying to @ZachWeiner
@ZachWeiner GDP is calculated when money actually changes hands so not sure how this would work1 reply 0 retweets 0 likes -
Replying to @arthur_affect
@ZachWeiner if there's only X new Ferraris in existence and they all get sold this year regardless then yes GDP goes down1 reply 0 retweets 0 likes
@ZachWeiner but if you make something theoretically v expensive but in actuality it was never sold then it was never part of GDP
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