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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.84-0.7%Dec 31 3:59 PM EST

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To: Skeeter Bug who wrote (129442)8/2/2001 12:24:46 AM
From: GraceZ  Read Replies (2) of 164684
 
I can't believe you are still spouting this nonsense.

For those people who really want to understand what "real" vs. "nominal" GDP is please visit this site and follow along the next five or six lessons in the tutorial. It explains quite clearly what the "chain index" and "chained dollars" really are and how it adjusts the GDP.

william-king.www.drexel.edu

I just have one question for you SB, don't answer me, answer your fans here. If the adjustments using chain index are used to subjectively raise the GDP how come the "real" GDP which uses the chain index shows a lower rate of growth than the nominal GDP which doesn't use it?

BTW the chain index works both ways. If I sell an item in 1999 for $200 and sell the same exact item in 2000 for $400 they average the two prices, which means they use $300 in the GDP measurement for 2000. But I guess that doesn't fit your agenda to point out that part.
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