Explain how uncertainty in calculating the true GDP deflator makes it uncertain how much the production of goods and services has increased. 2. Explain how Alan Greenspan’s strategy as the Fed Chairman may have contributed to the 2008 financial crisis
1. Explain how uncertainty in calculating the true GDP deflator makes it uncertain how much the production of goods and services has increased. 2. Explain how Alan Greenspan’s strategy as the Fed Chairman may have contributed to the 2008 financial crisis. (3 sentences or less)
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