True/False
The government reports that GDP increased at an annual rate of four per cent for the third quarter of 1999.This means that GDP was four per cent higher at the end of the third quarter than at the beginning of the quarter.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q34: Sandra decides to hire her neighbour's son
Q35: If the total GDP in 2011 was
Q36: Cyclical adjustments are used by statisticians to
Q37: GDP is considered a good measure of
Q38: GDP measures an economy's total expenditure on
Q40: What is the process used to separate
Q41: Suppose an economy produces two products: meat
Q42: GDP includes the value of final goods,
Q43: Suppose GDP consists of wheat and rice.In
Q44: Since black market and non-market measures are