An article in the Wall Street Journal notes that many economists believe that GDP data for India
Question:
a. What does the article mean by working "off the books"?
b. Why would the problems listed make it difficult for the Indian government to accurately measure GDP?
c. What problems can be caused for a government or for businesses in a country if the government cannot accurately measure GDP?
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a Working off the books means working in the underground economy where econ...View the full answer
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