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How are the GDP statistics useful to us?
http://money.cnn.com/2014/04/30/news/economy/china-us-economy/index.html
What makes comparisons of GDP figures between countries difficult?
Supply Price of X - --- --/1_LI IT Demand Q1 02 03 04 05 Quantity of X FIGURE 3-3 26) Refer to Figure 3-3. At a price of P1 there would be excess supply equal to A) 0 B) Qi Q5 C) Q2 04 D) Q1 Q2 E) 04 05
