Explain how computations were correct

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Q. Following the recession of 2001, there was a month were employment and the unemployment rate rose. Assuming the computations were correct, how is it possible for both to have increased?

Q. Which of the following statements regarding Gross Domestic Product is not true?

a. It is a stock variable.

b. It is measured for a particular time period, usually one year.

c. It is perhaps the most effective means of viewing the same economy over time.

d. It is a measure of the economy's performance.

e. It is a flow variable, not a stock variable.

Reference no: EM1357909

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