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?
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What impact do you think this plan will have on aggregate demand and supply in the United States over the next 10 years? The answer should have 2 paragraphs.
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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?
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