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Question 1. Why might china’s recent GDP growth rates overstate the actual increase in the level of production taking place in china?

19 / 01 / 2019 Economics

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Question 1. Why might china’s recent GDP growth rates overstate the actual increase in the level of production taking place in china?

Question 2. Explain the complications involved with attempting to compare the Economic welfare in China and US by using the GDP for each country. 


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