GDP

GDP

by Ella Risch -
Number of replies: 1

If higher GDP indicated a growing economy, then does it also indicate more debt? 

In reply to Ella Risch

Re: GDP

by Danny Weaver -
The GDP could reflect an increasing debt IF the GDP is increasing solely due to increases in government spending that are financed by debt. However, the GDP increase could also come from economic progress, which would not lead to more government debt.