Suppose that the advance estimate for fourth quarter GDP growth is 2%. Which of the following is true? 1.It is likely that the final estimate will be higher than 2% because there are omissions in the initial numbers. 2.We will not know the final estimate until the end of the calendar year. 3.It is likely that the final estimate will be lower than 2% due to errors in the initial numbers. 4.We do not know whether the final estimate will be higher or lower than
Suppose that the advance estimate for fourth quarter GDP growth is 2%. Which of the following is true? 1.It is likely that the final estimate will be higher than 2% because there are omissions in the initial numbers. 2.We will not know the final estimate until the end of the calendar year. 3.It is likely that the final estimate will be lower than 2% due to errors in the initial numbers. 4.We do not know whether the final estimate will be higher or lower than
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Suppose that the advance estimate for fourth quarter GDP growth is 2%. Which of the following is true?
1.It is likely that the final estimate will be higher than 2% because there are omissions in the initial numbers.
2.We will not know the final estimate until the end of the calendar year.
3.It is likely that the final estimate will be lower than 2% due to errors in the initial numbers.
4.We do not know whether the final estimate will be higher or lower than 2%.
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