National Income Accounting Generates Useful and Accurate Measures of Economic

question 45

True/False

National income accounting generates useful and accurate measures of economic activity in most countries.

---

Definitions:

Normal Curve

A symmetrical, bell-shaped curve representing a normal distribution of data around the mean.

Population

A total set of individuals, items, or data from which a statistical sample is drawn.

Normally Distributed

A statistical distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.