Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 2, Problem 3AP

(a)

To determine

The issues that must be encountered by economists in relation to measuring the gross domestic product in economies where prices are controlled by the government, together with a recommendation in dealing with the same.

(b)

To determine

The reason for poor, agricultural economies having low gross domestic products, together with recommendations in addressing the same.

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