Consider the statistics we have learned about: GDP, growth r…
Consider the statistics we have learned about: GDP, growth rate, unemployment rate, and inflation rate. All of these statistics have some potential problems that need to be kept in mind when working with them. For this essay, choose one of these statistics and explain at least 2 different problems that make the statistic an imperfect measurement of the economy. Answer in 3 – 7 sentences.
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