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Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 37
Explain the sense in which GDP accounting is an institution (see the Oxford Dictionary of the English Language for a precise definition of an institution).
a.ow does GDP as an institution shape our understanding of the economic system
b.ho benefits from using GDP accounting as a measure of welfare (Institutionalist)
a.ow does GDP as an institution shape our understanding of the economic system
b.ho benefits from using GDP accounting as a measure of welfare (Institutionalist)
Explanation
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a. According to oxford English dictionar...
Macroeconomics 9th Edition by David Colander
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