A Base Year Is a Year When

question 92

Multiple Choice

A base year is a year when

• A)real GDP equals 100.
• B)nominal GDP equals 100.
• C)real and nominal GDP are equal to each other.
• D)there is no growth in real GDP.
• E)there is no growth in nominal GDP.

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Definitions:

Oedipus Complex

A theory in psychoanalytic psychology that describes a child's feelings of desire for their opposite-sex parent and jealousy and rivalry with their same-sex parent.

Self-Protective Devices

Psychological strategies or mechanisms used unconsciously to protect oneself from anxiety, guilt, or other distressing feelings and thoughts.

Basic Anxiety

A term introduced by Karen Horney referring to feelings of helplessness and insecurity that arise from living in a potentially hostile world, leading to the development of various neurotic behaviors.

Psychological Withdrawal

A coping strategy consisting of disengagement or distancing oneself emotionally and mentally from stressful situations or environments.