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"Measure directly"? As in: go after every family and try to figure out their consumption basket? Producing census data is extremely expensive when compared with
by tpeo 11y ago
"Measure directly"? As in: go after every family and try to figure out their consumption basket? Producing census data is extremely expensive when compared with estimating consumption. Also, it's also a pain in the ass to participate in consumption studies since participants have to literally list every single thing they're buying for a given period. It wouldn't fly at all with the citizenry.