A demographer discovers that more mothers are choosing to stay home and take care of their own children rather than send them to child care centers. An economist picks up on this information and concludes that GDP will contract as a result. How can this be possible?
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Q74: Q75: Explain why real GDP may fall even Q76: List some limitations of GDP as a Q77: Why should we care about the underground Q78: Explain how using GDP may not be Q79: If nominal GDP is $8 trillion and![]()
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