If Nominal GDP Was About $600 Billion and Real GDP

question 11

Multiple Choice

If nominal GDP was about $600 billion and real GDP was about $2,400 billion in 1962, then the GDP-deflator for that year was

• A)25
• B)40
• C)125
• D)200
• E)400

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Definitions:

Conduction

Transfer of energy, such as heat, from one point to another without evident movement in the conducting body.

Glial Cells

Non-neuronal cells in the central and peripheral nervous system that support and protect neurons.

Blood-Brain Barrier

The blood-brain barrier is a semi-permeable barrier of endothelial cells that prevents most substances in the blood from non-selectively crossing into the brain, protecting it from pathogens and toxins.

Myelin Sheaths

Protective covering made of fat and protein that surrounds nerve fibers, facilitating the rapid transmission of nerve impulses.