Changes that are made to quarterly GDP measures for regular variations in output that occur during certain months each year in order to remove this predictable variation are referred to as _____ adjustments.

Question

Quizplus · Accepted Answer

Seasonal adjustments are made to quarterly GDP measures to remove the predictable variation that occurs during certain months each year, allowing for a clearer comparison of economic performance across different periods without the noise of regular seasonal fluctuations.

Changes That Are Made to Quarterly GDP Measures for Regular