How gdp is calculated if recession could look worse


In 2008/2009, the United States was in a recession, and reported GDP was shrinking.Knowing not everything is counted, do you think a recession could "look" worse than what it is, due to how GDP is calculated?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: How gdp is calculated if recession could look worse
Reference No:- TGS059497

Expected delivery within 24 Hours