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What is happening elsewhere in the economy

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Reference no: EM132181310

Do you think that voters care more about whether the NBER said the economy is in a state of recession or whether they and their friends are employed in good jobs? Why do politicians make a big deal over whether the economy is "officially" in a recession or an expansion? Consider this, is it hard for the average voter to tell what is going on in the economy outside his or her community, leaving the voter dependent on simple labels of what is happening elsewhere in the economy?

Reference no: EM132181310

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