Police officer: I pulled you over for speeding. You were going 80 miles per hour. Driver: But

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Police officer: “I pulled you over for speeding. You were going 80 miles per hour.”
Driver: “But that’s impossible, officer! I’ve only been driving for 15 minutes!”
The government reports GDP numbers every quarter. How does this story illustrate the meaning of “GDP per year” when the GDP number gets reported every three months?
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Related Book For  answer-question

Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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