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Chapter I. The Home Economy

Anonymous

National Institute Economic Review, 1983, vol. 104, 6-20

Abstract: There is not much doubt that total output stopped falling around the middle of 1981 and that there has been some increase since. But it is not easy to say how large the increase has been. This is both because the three methods of measuring GDP give different results and because the evidence changes as the figures are revised. Table 1 shows the three different estimates from the first quarter of 1981 as they appeared in the last three sets of National Accounts.

Date: 1983
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