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Tagged with economic-measurement reference-request
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Accounting for household work in the GDP
It is often told that domestic work is not included in the GDP estimates due to difficulty in measuring them. I wanted to know if there are any advances in measuring this, or any alternatives that ...
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What is considered a "final product" for gross domestic product?
Given a territory and a time range, the gross domestic product is the sum of all the values added. The term “value added” is open to interpretation. Since the value added of a product or service is ...