Is macroeconomic data from India reliable, even though there are so many unaccounted (black money) transactions?

Economics Dec 14, 2020

Expert Solution

The macroeconomic data of India is not fully reliable as it is not possible to collect precise estimates of macroeconomic data. There can be lags in the process of evaluating a particular data. As all the data is based on samples, therefore it is difficult to determine the exact values.

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