BMC Market KNOWLEDGE CHECK Outline Transcript Economie Indicators redu. The origins of...

90.2K

Verified Solution

Question

Accounting

image
BMC Market KNOWLEDGE CHECK Outline Transcript Economie Indicators redu. The origins of OOP The origins of GDP Part 2 The origins of ODP. Part 3 The origins of GDP Part 4 Knowledge check Economistica . Essential economie indicators Section Summary In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. What does this event reflect about the nature of GDP? Because the GDP is official, its numbers are not subject to interpretation Governments are required to change GDP calculations every five years. If the measurement of economic activity evolves, GDP can change. Inputs to GDP are all qualitative, not quantitative. PREV SUBMIT BMC Market KNOWLEDGE CHECK Outline Transcript Economie Indicators redu. The origins of OOP The origins of GDP Part 2 The origins of ODP. Part 3 The origins of GDP Part 4 Knowledge check Economistica . Essential economie indicators Section Summary In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. What does this event reflect about the nature of GDP? Because the GDP is official, its numbers are not subject to interpretation Governments are required to change GDP calculations every five years. If the measurement of economic activity evolves, GDP can change. Inputs to GDP are all qualitative, not quantitative. PREV SUBMIT

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students