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Estimating GDP involves a significant amount of educated guesswork.

Drawn from what Paul Krugman said

What Paul Krugman actually said

  1. Paul Krugman Trade economist, Nobel laureate in 2008 for his work…
    What it really tells us is that GDP may seem like a solid, hard number, but estimating that number actually involves a lot of educated guesswork — and different agencies may guess differently.

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