Which of the Following Types of Economic Data Are Revised

question 95

Multiple Choice

Which of the following types of economic data are revised over time as government data collection agencies receive more complete information?

• A)interest rates
• B)employment
• C)stock prices
• D)all of the above

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Definitions:

MPC

Marginal Propensity to Consume, a measure of how much consumption changes with a change in income.

Aggregate Demand

The total demand for all goods and services within a particular economy at a given overall price level and in a given time period.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender, often expressed as an annual percentage rate (APR).

Multiplier

In macroeconomics, a factor that quantifies how an initial change in spending will affect total economic output.