| A staff restaurant http://www.novitednik.si/slot-attila/ juegos de casino attila 3. Reduced production of government goods and services may impact measured GDP, but so what? Isn’t most of government production of goods and services not only wasteful but very difficult to actually measure in terms of real economic value? We measure private goods and services by their market price, their voluntary, mutually-gained exchange value. Government production isn’t. It’s measured by the cost of production with no mechanism for benefit or economic value because there’s no voluntary exchange. Perhaps we should separate “G” out and put a big asterisks next to it. Focus on C I Nx as the real proximate measure of whether the economy is healthy.
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