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GDP will not be affected as a result of shutdown since the Federal agents will be...

GDP will not be affected as a result of shutdown since the Federal agents will be repaid since the shutdown has ended.

AGREE/DISAGREE? EXPLAIN BRIEFLY IN 2-3 LINES ONLY.

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Answer #1

Disagree

GDP is a measure of all goods and services produced in the economy. if there is a shutdown then there would be no goods produced in the market during the shutdown period and the market output would be less than the potential output. Hence GDP would be less than the potential GDP

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