0

If the government reports that GDP increased by 2 percent in the last quarter does this mean it increased by 2 percent annual rate?

Updated: 9/17/2023

Wiki User

14y ago

It should, but that does not always happen. You have to look very carefully at the underlying information.

Wiki User

14y ago

Earn +20 pts
Q: If the government reports that GDP increased by 2 percent in the last quarter does this mean it increased by 2 percent annual rate?
Submit
Still have questions?
Related questions

There IS no government site for free credit reports, since credit reports are provided by private firms, NOT by the government.

Who is the publisher for GAO reports?

Since the Government Accountability Office (GAO) is a federal agency, the federal government is considered to be the publisher of GAO reports.

(Government 5.4.2 Test)Which statement best completes this diagramStarts with: (1) Lobbying scandals lead to calls for increased regulation.(2) Congress passes the Honest Leadership and Open Government Act?

Starts with: (1) Lobbying scandals lead to calls for increased regulation. (2) Congress passes the Honest Leadership and Open Government Act. (3) Lobbyists have to file more detailed and frequent reports of their activities, pay, and expenses.

A/bo

How much money on average does the federal government print every day?

According to reports the Federal Government prints about 38 million bills a day. Almost 90 percent of the bills printed go to replace bills already in circulation or that have been taken out of circulation.

How do you find your average if your grade is 70 percent exams and 20 percent lab reports and 10 percent homework - your scores are 85 on exams and 75 on reports and 96 on homework?

It's just multiplication. 70 percent of your total will be 85 20 percent of your total will be 75 10 percent of your total will be 96 (85 x 0.70) + (75 x 0.25) + (96 x 0.10) = YOUR GRADE AVERAGE

What percent of kids are fat?

Recent (2016) reports at that about 26% of the US population is obese.

What is the government officer who reports to chancellor of exchequer called?

Could it be "Treasurer"?

When do progress reports come out?

Depending on your school, it might come out after every term/quarter. Or they also come out every half-term.

When did the US government learn that the Nazis were killing Jews?

Early reports reached th US government late in 1941.

Does the Government control the IRS?

Yes. The IRS is part of the US Treasury Department which is part of the executive branch of the federal government. The IRS reports to the Secretary of the Treasury who reports to the President. The function of the IRS is to execute laws which Congress has passed.