Topic

Delaware State Facts

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Quizzes in Delaware State Facts for HSC

Why can preliminary BEA figures change later?

  • Preliminary figures are legally fixed forever
  • Annual revisions apply only to state nicknames
  • BEA figures are replaced by land-area measurements
  • Annual revisions may update the estimates
Correct answer(s):
  • Annual revisions may update the estimates

Why should nominal and real sector output not be compared as if they use the same price basis?

  • They are both population counts
  • They measure county boundaries instead of output
  • They always use exactly the same prices
  • They use different price concepts
Correct answer(s):
  • They use different price concepts