The "Statistical Discrepancy" That the NIPA Includes in the Data

question 191

Multiple Choice

The "statistical discrepancy" that the NIPA includes in the data is to account for the following, except

• A)equalizing GDP totals produced by the expenditures approach and the income approach.
• B)errors due to people misrepresenting their incomes on their tax returns.
• C)difficulty in accurately estimating depreciation.
• D)household production, or "do-it-yourself" activities of households.

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Definitions:

Protein Synthesis

Protein synthesis is the process by which cells build proteins, involving transcription of DNA to mRNA and translation of mRNA to amino acids chains.

Neurons

The basic working units of the brain, specialized cells that transmit nerve impulses.

Cell Bodies

The part of a neuron that contains the nucleus and most of the cytoplasm, serving as the neuron's metabolic center.

Motor Division

The component of the nervous system that includes all the nerves controlling the muscular system and external movements.