Which of the following is a scaled number?
A)government budget deficit as a percentage of GDP
B)the country's national debt
C)total tax revenues in the economy
D)the sum of all incomes earned in the economy

Question

Quizplus · Accepted Answer

A scaled number is a measurement that has been adjusted or standardized in some way to make it easier to compare with other numbers. The government budget deficit as a percentage of GDP is a scaled number because it is a ratio that compares the deficit (which is a dollar amount) to the size of the overall economy (which is also measured in dollars). This allows for easier comparison across different time periods and countries. The other options are not scaled numbers because they are absolute values, not ratios or percentages.

Which of the Following Is a Scaled Number