Question
GDP is used by economists to measure a nation's total production, so clearly they don't want the calculation of GDP to miss any significant amounts
GDP is used by economists to measure a nation's total production, so clearly they don't want the calculation of GDP to miss any significant amounts of economic activity that take place. What are some things that our typical measure of GDP might miss and why? Should this concern us, and, if so, what do you think we should do about it?
BEEE SPECIFIC 400
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
