When calculating GDP,the Bureau of Economic Analysis revises its quarterly data
A)a total of one time.
B)a total of two times.
C)a total of three times.
D)many times over the next several years.

Question

Quizplus · Accepted Answer

The Bureau of Economic Analysis revises its quarterly data many times over the next several years as more complete and accurate information becomes available. This is because the initial estimates of GDP are based on incomplete data and assumptions, and as more data become available, the estimates are revised to provide a more accurate picture of the economy's performance.

When Calculating GDP,the Bureau of Economic Analysis Revises Its Quarterly