STATISTICAL DISCREPANCY: The official adjustment factor in the National Income and Product Accounts that ensures equality between the income and expenditures approaches to measuring gross domestic product. This is one of several differences between national income (the resource cost of production) and gross/net domestic product (the market value of production). For further discussion of this point, see gross domestic product and national income or net domestic product and national income. This statistical discrepancy tends to be relatively small, usually less than 1% of gross domestic product.

     See also | National Income and Product Accounts | Bureau of Economic Analysis | gross domestic product, expenditures | gross domestic product, income | national income | gross domestic product | net domestic product |

STATISTICAL DISCREPANCY, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2025. [Accessed: June 4, 2025].

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The revenue received for selling a good per unit of output sold, found by dividing total revenue by the quantity of output. Average revenue often goes by a simpler and more widely used term... price. For a monopoly average revenue is greater than marginal revenue. Average revenue for a monopoly is often depicted by a negatively-sloped average revenue curve.

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