What is the term used when GDP is modified to account for fluctuations in production that occur during the year?
A) realization
B) deflation
C) seasonally adjusted
D) manually adjusted

Question

Quizplus · Accepted Answer

The term used when GDP is modified to account for fluctuations in production that occur during the year is "seasonally adjusted." This is done to present a clearer picture of the underlying trend in economic activity, without the distortions caused by regular seasonal factors such as holidays, weather, or agricultural cycles.

What Is the Term Used When GDP Is Modified to Account