If Nominal GDP Increased from $8,000 Billion in the Base

question 15

Multiple Choice

If nominal GDP increased from $8,000 billion in the base year to $8,400 billion in the following year and real GDP stayed the same, which is true?

• A)the GDP-deflator increased from 100 to 110
• B)the GDP-deflator increased from 80 to 100
• C)the GDP-deflator increased from 100 to 120
• D)prices increased on average by 5 percent
• E)prices increased on average by 10 percent

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Risk Takers

Individuals or entities that are willing to undertake actions with uncertain outcomes, potentially leading to significant rewards or failure.

High Degrees

Advanced levels of academic achievement, typically referring to graduate-level education such as master's or doctoral degrees.

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business venture in pursuit of profit and innovation.

Technopreneur

An entrepreneur who focuses on innovation in technology, leveraging technological advancements to develop new products or services.