To study a macroeconomy we calculate aggregate quantities


Question: To study a macroeconomy we calculate aggregate quantities in real terms because it is then easier to take logarithms it is the only way to reconcile the three approaches to measuring GDP we want to get rid of the illusion of price effects we want to concentrate on the production of real goods, as opposed to services.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: To study a macroeconomy we calculate aggregate quantities
Reference No:- TGS02573529

Expected delivery within 24 Hours