Sunday, December 4, 2011

How reliable are the GDP statistics?

After what factors go into figuring the GDP for a country your assignment was to build a table of the most recent statistics available for the GDP of five countries of your choice.  Now, read a little further in your book to determine some of the problems or difficulties encountered in determining a country's GDP.  Using the countries you chose for your table, briefly explain how the factors outlined in your book could affect the statisitcs of these countries.  Which countries are likely to have which factors affect their reporting?

Print out your findings and your table to bring with you to class on Tuesday for discussion.

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