The GDP Deflator in Year 2 Is 95 Using Year

question 155

Multiple Choice

The GDP deflator in year 2 is 95 using year 1 as a base year. This means that, on average, the price of goods and services is

• A) 105% higher in year 2 than in year 1.
• B) 5% higher in year 2 than in year 1.
• C) 5% higher in year 1 than in year 2.
• D) 105% higher in year 1 than in year 2.

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Definitions:

Personality Disorder

A mental health condition defined by persistent unhealthy patterns in behavior, thought, and feelings, which are consistent across different situations and significantly diverge from what is considered normal by the cultural standards of the person affected.

Big Five

A theory in psychology that identifies five main personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Dimensional Approach

A method of categorizing characteristics on a continuum rather than as distinct categories, often used in psychological assessment and diagnosis.

Personality Disorders

Mental health conditions characterized by patterns of thoughts, feelings, and behaviors that are significantly different from cultural norms, causing distress or impairing function.