Question

In: Economics

NIPA data are revised many times. are never revised. are revised once. are revised twice.

NIPA data

are revised many times.

are never revised.

are revised once.

are revised twice.

Solutions

Expert Solution

Are revised many times


NIPA stands for National Income and Product Account.
The NIPA data are revised once a year. This revision is done in summer and cover all the quarters. So, for lifetime, the revision is done many times.


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