Do you mean Grand Old Party? It's political, but lately it has been talked about in relation to Economics, that's probably why you've got it mistaken for being that of Economics. GDP, however, in Economics, is Gross Domestic Product.
Ask the GOP
GOP, Grand Old Party, is used by the Republican Party.
Grand Old Party
grand old party
Although GOP does stand for Grand Old Party, it only refers to the Republican Party not the Democratic Party.
Grand Old Party Gallup Opinion PollGrand old Party
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Consumption
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"GOP" stands for "Grand Old Party," the nickname of the Republican party. According to the GOP website, "GOP" originally stood for "Gallant Old Party." The first Republican president was Abraham Lincoln. After the Civil War, the upstart Republicans were perceived as the party that won the war. The Republicans who were firmly fixed into the Federal Government were ironically dubbed the "Gallant Old Party," which soon became known as the "Grand Old Party," which was then shortened to the "GOP."
Disposable Income
interest rate