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To: mishedlo who wrote (53718)2/13/2006 7:16:25 PM
From: GraceZ  Read Replies (1) | Respond to of 110194
 
GDP itself is a hopelessly flawed measure in and of itself because of hedonics and imputations.


The usual GDP calculations are done via the expenditure method, but they can be proofed using the income method. If there was a serious flaw in the way GDP was calculated the proof using the income method would fail.