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Economic Statistics

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Quizzes in Economic Statistics for Graduate

U.S. Economy

Which option accurately explains BEA Delaware GDP estimates?

  • BEA state GDP estimates are fixed permanently at first publication, so preliminary values should not be treated as permanently fixed
  • BEA state GDP estimates can be revised, so preliminary values should not be treated as permanently fixed
  • BEA state GDP estimates are never revised, so preliminary values should not be treated as permanently fixed
  • BEA state GDP estimates cannot change after preliminary release, so preliminary values should not be treated as permanently fixed
Correct answer(s):
  • BEA state GDP estimates can be revised, so preliminary values should not be treated as permanently fixed
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