1.2. From 1990 to 2000, the price of electronic equipment fell dramatically and the price of housing...

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1.2. From 1990 to 2000, the price of electronic equipment fell dramatically and the price of housing rose dramatically. What are the implications of this in deciding whether to use 1990 or 2000 as the base year in calculating 2007 real GDP?

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Economics

ISBN: 978-0716771586

2nd Edition

Authors: Paul Krugman ,Robin Wells

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