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Consider the major macroeconomic aggregates (GDP, inflation, unemployment, the current account, etc.). Why do you suspect inflation had its measurement severely impacted by the current
Consider the major macroeconomic aggregates (GDP, inflation, unemployment, the current account, etc.). Why do you suspect inflation had itsmeasurementseverely 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.)
Please elaborate on each point, thank you.
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