Macroeconomics Discussion - Forget the GDP. Some States Have Found
Macroeconomics Discussion Question
1. Read the article, “Forget the GDP. Some States Have Found a Better Way to Measure Our Progress” by Lew Daly and Sean McElwee: http://www.newrepublic.com/article/116461/gpi-better-gdp-measuring-united-states-progress.
What is your point of view on this issue?
2. Pick one of the following topics:
1) Find the movie with higher domestic box office than "Titanic" in US and justify your answer.
2) Find the year with the highest real minimum wage.
3. Discuss current policies that attempt to raise living standards by increasing one of the determinants of productivity.