Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
adverbly
11 days ago
|
parent
|
context
|
favorite
| on:
U.S. Economy Contracts at 0.3% Rate in First Quart...
If prices go down, doesn't that mean GDP also goes down assuming that that the quantity of items purchased doesn't change?
victorbjorklund
11 days ago
|
next
[–]
Prices affect peoples and companies buying decision. If an Iphone is 1000 dollars instead of 4000 dollars more Iphones will be sold.
reply
margalabargala
10 days ago
|
parent
|
next
[–]
Sure, but 4x more?
reply
selectodude
11 days ago
|
prev
[–]
Not really. if consumption stayed the same while prices changed, real GDP would not change. That would just be deflation.
reply
Consider applying for YC's Summer 2025 batch! Applications are open till May 13
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
