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When Interpreting Government Statistics, We Must Be Careful and Remember

Question 37

Multiple Choice
When interpreting government statistics, we must be careful and remember all of the following except:

When interpreting government statistics, we must be careful and remember all of the following except:


A) Official unemployment data overestimate true unemployment.
B) When the underground economy grows more rapidly than the rest of the economy, the true rate of growth is higher than reported.
C) Official income statistics understate the true national income.
D) We will never know the true size of the underground economy.
E) None - all of these are true.

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