If the Commerce Department Adjusts the Growth Rate of GDP

question 165

Multiple Choice

If the Commerce Department adjusts the growth rate of GDP downward for the first quarter of 2016,and the Bureau of Labor Statistics adjusts the number of hours worked upward for the first quarter of 2016,what will the Bureau of Labor Statistics do in terms of revising the figures on the growth rate of labor productivity for the first quarter of 2016?

• A)The BLS will adjust the growth rate downwards.
• B)The BLS will adjust the growth rate upwards.
• C)The BLS will not change the growth rate of productivity.
• D)The BLS will adjust the level of labor productivity upward and the growth rate downward.

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Definitions:

Grandma

A familial term used to refer to the mother of one's parent, often associated with elder care, wisdom, and family traditions.

Bakery

A place where bread, pastries, cakes, and other baked goods are made or sold.

Gross Domestic Product

Measures the total value of all goods and services produced within a country’s borders over a specific time period, indicative of its economic health.

Sanitation

Measures aimed at promoting hygiene and preventing disease, especially through the provision of clean water and disposal of sewage and waste.