Consider Canada's GDP Deflator and Consumer Price Index (CPI)

question 32

Multiple Choice

Consider Canada's GDP deflator and Consumer Price Index (CPI) .Now suppose the prices of the following goods and services increased.Which is likely to have a larger effect on the GDP deflator than the CPI?

• A)bananas
• B)chocolate
• C)Hollywood movies
• D)consumer electronics
• E)forest products

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Definitions:

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without the need for prior learning.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.

Generalization

The process of applying the response to a specific stimulus to similar stimuli.

Habituation

Decreased responsiveness to a stimulus after repeated presentations.