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The Economist explains: How countries calculate their GDP

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The Economist explains: How countries calculate their GDP (via The Economist)

WHEN unveiling Britain’s annual budget on March 19th George Osborne, the chancellor of the exchequer, crowed that the British economy was forecast to grow at an annualised rate of 2.7% in the first quarter of 2014, the fastest in the rich world. His…



 

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