The Statistical Discrepancy That Regularly Arises in National Income Accounting

question 59

Multiple Choice

The statistical discrepancy that regularly arises in national income accounting refers to the slight difference between

• A)personal income and personal disposable income.
• B)total household payments to the government and taxes paid to the government.
• C)the income and expenditure approaches to the calculation of GDP.
• D)the quarterly and annual approaches to the calculation of GDP.

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Definitions:

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A neurological disorder characterized by repetitive, involuntary movements and vocalizations called tics, often emerging in childhood.

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Complex, coordinated activities that require fine motor control and expertise, often learned through practice.

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