Self-tutoring about economics: the tutor wonders about some figures. By some reckoning, the US gdp grew by 2.8% over the year 2024. Yet, its deficit was 1.8 trillion, or 6.4% of gdp, that same year. For perspective, in 2023 its …
Self-tutoring about international business: the tutor looks at some numbers since Brexit. While it’s perhaps easy to find people who bemoan Brexit, some quick numbers might suggest it wasn’t all bad. If one looks at the gdp per capita growth, …
Self-tutoring about economics terms: the tutor mentions gross fixed capital formation. In simple terms, gross fixed capital formation (gfcf) is the amount invested in an economy. It might be given as an absolute number or as a percent of gdp. …
Self-tutoring about economics: the tutor mentions purchasing power parity (PPP). If one looks up the gdp per capita of Brazil, one might see it at around 9258 USD. However, its GDP per capita, PPP, is 19018 USD. Why the difference? …
Self-tutoring about economics: the tutor mentions a comparison. Since 1970, the US gdp per captia has multiplied by about 27. During that same period, Mexico’s gdp per capita has multiplied by about 39. Source: macrotrends.net macrotrends.net