question archive There are different ways of measuring the GDP

There are different ways of measuring the GDP

Subject:EconomicsPrice: Bought3

There are different ways of measuring the GDP. Eg expenditure, production, income, there are lot of factors that is affecting the economy. eg inflation, growth rate ect.

The idea is to explore the ways in which the measurement of the economy has been hampered by the current pandemic. The focus should be on the process of collecting / interpreting / extrapolating economic data (rather than on e.g. micro- or macroeconomic theories of how covid actually affects the economy). 

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