If the Current GDP Deflator Is 150 and Last Year's

question 53

Multiple Choice

If the current GDP deflator is 150 and last year's deflator was 125, what is the inflation rate?

• A) 0.2%
• B) 20%
• C) 25%
• D) 275%

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Definitions:

Long-Term Memory

The aspect of memory where information is stored for an extended period, ranging from hours to a lifetime.

Retrieval Failure

Occurs when memories are not accessible from long-term storage, often due to a lack of cues or interference from other information.

Anterograde Amnesia

A condition affecting memory, where after the onset of the amnesia, the affected individual is unable to form new memories, though long-term memories from before the event remain intact.

Repression

A defense mechanism where unpleasant thoughts, memories, or feelings are excluded from conscious awareness.