If quarterly data on GDP shows an increase, while exports, consumption, investment and government spending show a decline, it is likely that the GDP data is inaccurate.

Question

Quizplus · Accepted Answer

GDP is the sum of consumption, investment, government spending, and net exports. If GDP increases while the other components decrease, it is likely that the GDP data is inaccurate.

If Quarterly Data on GDP Shows an Increase, While Exports