June 13th, 2007

Meanwhile at the Watchtower...

Random: US States and Equivalent GDPs of Countries

Dan sent me the following interesting bit: a US map with the names of countries substituted for those of the states, based upon the comparable Gross Domestic Product of the country closest to that of the individual state. A bit eye-opening.

Gross Domestic Product (GDP) is a convenient way of measuring and comparing the size of national economies. Annual GDP represents the market value of all goods and services produced within a country in a year. Put differently:

GDP = consumption + investment + government spending + (exports – imports)

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