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26 sats \ 3 replies \ @jakoyoh629 OP 11h \ parent \ on: U.S. Latino GDP vs. Global Economic Powers econ
I wasn't tracking what this graph was about, but now I'm clued in. It's just sayin' Latinos are a major part of the US. Just don't see how they got to these digits, but that's a whole other story!
We know a lot about incomes across demographic groups. The most straightforward way to do this calculation is to just add up all the incomes of self described Latinos.
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So, figuring out GDP is that simple, huh?
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To get a reasonable estimate, yes.
The value of total production can be estimated from either the income or the spending side.
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