Exam (elaborations)
Econ 104 Final Exam Questions And Answers (Verified And Updated)
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in current year/ market basket price in base year)*100 Limitations of GDP - answer1. Doesn't account for change in quality. 2. Doesn't account for underground economy. 3. Doesn't account for 'bads' of economy 4. Doesn't account for non-market production Limitations of CPI - answerSubstitution...
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