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Consider the major macroeconomic aggregates (GDP, inflation, unemployment, the current account, etc.). Which of these do you suspect had its measurement severely impacted by the
Consider the major macroeconomic aggregates (GDP, inflation, unemployment, the current account, etc.). Which of these do you suspect had its measurement severely impacted by the current pandemic? Which do you expect was less impacted in terms of our ability to measure it? (Note: this question is not asking about how severe the effect was on the true underlying variable, but only how severe was the effect on our ability to measure the variable.)
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