One paragraph in economicsthis chapter discussed in detail, Ask an Expert

Economics

One paragraph in Economics

This chapter discussed, in detail, the "how" of national income accounting. Yet clearly not "everything" is counted. In 2008/2009, the United States was in a recession, and reported GDP was shrinking. Knowing not everything is counted, do you think a recession could "look" worse than what it is, due to how GDP is calculated?

Write one argument paragraph about that a recession could look worse than it really is.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M92061491

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