Question to study a macroeconomy we calculate aggregate, Ask an Expert

Economics

Question: To study a macroeconomy we calculate aggregate quantities in real terms because it is then easier to take logarithms it is the only way to reconcile the three approaches to measuring GDP we want to get rid of the illusion of price effects we want to concentrate on the production of real goods, as opposed to services.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92586700

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