Page 14 - 10-21-2019 Final English Edition, the Book with Ch. 46 Added by James H Hong. (1)
P. 14
The number of people born in the past is more than the
population born today.
Chapter 4: Business and Economics:
4.1
High GDP does not mean that the national strength is strong.
GDP has nothing to do with production, but it is equivalent to
spending. The higher the cost, the higher the GDP. So I wrote a
formula GDP = (Cost of Living) (Population) GDP = (living
expenses) (population) Therefore, GDP has nothing to do with
national power.
In the case of a declining population, GDP should fall, not rise.

