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  • Economic Indicators

Click to read the article below and then answer the questions:

How the UK’s radical data revisions shattered its economic narrative

  • What major revisions were made to the UK’s GDP numbers? How do these revisions impact overall GDP?

  • Which industries saw the largest changes? 

  • In what ways do these revisions expose shortcomings in current GDP measurement and usage?

  • How might economic policy recommendations change as a result of these revisions?

Ariel Slonim at MRU Econinbox

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