Topic

Quarterly Annualization

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Quizzes in Quarterly Annualization for SSC

U.S. Economy

Which statement gives the clearest accurate account of Quarterly Annualization?

  • A seasonally adjusted annual rate scales a quarter’s pace to an annual rate rather than reporting literal one-quarter production.
  • Current-dollar GDP can rise because of higher prices as well as higher production, while real GDP adjusts for price changes.
  • State GDP rankings should compare the same year, same metric, and same data release.
  • BEA state GDP data are subject to revision when newer source data become available.
Correct answer(s):
  • A seasonally adjusted annual rate scales a quarter's pace to an annual rate rather than reporting literal one-quarter production.
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