In Canada, GDP is reported each quarter. How are these numbers computed?
A) These numbers are adjusted to make them measure at annual and seasonally adjusted rates.
B) These numbers are adjusted to make them annual rates, but no adjustment for seasonal variations is made.
C) These numbers are quarterly rates that have been seasonally adjusted.
D) These numbers are at quarterly rates and have not been seasonally adjusted.

Question

Quizplus · Accepted Answer

Canada's GDP numbers are adjusted to reflect both an annual rate and to account for seasonal variations, providing a more accurate and comparable measure of economic activity over time.

In Canada, GDP Is Reported Each Quarter