{"id":10677,"date":"2018-05-03T18:42:41","date_gmt":"2018-05-03T18:42:41","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/?post_type=chapter&#038;p=10677"},"modified":"2021-06-11T02:16:52","modified_gmt":"2021-06-11T02:16:52","slug":"discussion-gdp-and-economic-growth","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/chapter\/discussion-gdp-and-economic-growth\/","title":{"raw":"Discussion: GDP and Economic Growth","rendered":"Discussion: GDP and Economic Growth"},"content":{"raw":"This discussion can be found in Google Docs: <a href=\"https:\/\/docs.google.com\/document\/d\/1xlulGaJNLFtIYoWxS1CkPmwQ7eNLWPRfjf_VrmXBzmQ\/edit\" target=\"_blank\" rel=\"noopener\">Macroeconomics Discussion: GDP and Economic Growth<\/a>\r\n\r\nTo make your own copy to edit:\r\n<ul>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\">If you want a Google Doc: in the file menu of the open document, click \u201cMake a copy.\u201d This will give you your own Google Doc to work from.<\/li>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\">If you want a PDF or Word file: in the file menu of the open document, click \u201cDownload\u201d and select the file type you would like to have (note: depending on the file type you select, the formatting could get jumbled).<\/li>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\">Instructions for faculty to paste the content into their LMS are located in the course resource pages.<\/li>\r\n<\/ul>\r\n&nbsp;\r\n\r\nRespond to the following prompts in a post with a minimum of 150 words, then comment on at least TWO other posts.\r\n<ul>\r\n \t<li>Gross Domestic Product was designed as a measure of economic activity, specifically a measure of national production. Despite this intent, GDP is widely interpreted as a measure of economic welfare or standard of living (when measured in per capita terms). What are the shortcomings of using GDP as a measure of economic welfare? What would you like to add to (or subtract from) GDP to make it a better reflection of how well people are doing in a nation? Don't limit yourself to ideas from the module.<\/li>\r\n<\/ul>","rendered":"<p>This discussion can be found in Google Docs: <a href=\"https:\/\/docs.google.com\/document\/d\/1xlulGaJNLFtIYoWxS1CkPmwQ7eNLWPRfjf_VrmXBzmQ\/edit\" target=\"_blank\" rel=\"noopener\">Macroeconomics Discussion: GDP and Economic Growth<\/a><\/p>\n<p>To make your own copy to edit:<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">If you want a Google Doc: in the file menu of the open document, click \u201cMake a copy.\u201d This will give you your own Google Doc to work from.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">If you want a PDF or Word file: in the file menu of the open document, click \u201cDownload\u201d and select the file type you would like to have (note: depending on the file type you select, the formatting could get jumbled).<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Instructions for faculty to paste the content into their LMS are located in the course resource pages.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Respond to the following prompts in a post with a minimum of 150 words, then comment on at least TWO other posts.<\/p>\n<ul>\n<li>Gross Domestic Product was designed as a measure of economic activity, specifically a measure of national production. Despite this intent, GDP is widely interpreted as a measure of economic welfare or standard of living (when measured in per capita terms). What are the shortcomings of using GDP as a measure of economic welfare? What would you like to add to (or subtract from) GDP to make it a better reflection of how well people are doing in a nation? Don&#8217;t limit yourself to ideas from the module.<\/li>\n<\/ul>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-10677\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Discussion: GDP and Economic Growth. <strong>Authored by<\/strong>: Steven Greenlaw and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":29,"menu_order":22,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Discussion: GDP and Economic Growth\",\"author\":\"Steven Greenlaw and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"4af4deee-8fe1-4ed3-adf5-d6d1cba0dd4d","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-10677","chapter","type-chapter","status-publish","hentry"],"part":184,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/10677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/users\/29"}],"version-history":[{"count":10,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/10677\/revisions"}],"predecessor-version":[{"id":12012,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/10677\/revisions\/12012"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/parts\/184"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/10677\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/media?parent=10677"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapter-type?post=10677"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/contributor?post=10677"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/license?post=10677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}