The Chain- Weighted Output Index

question 244

Multiple Choice

The chain- weighted output index

• A) uses prices for the current year and the previous year to calculate growth in real GDP.
• B) uses only the current year's prices to calculate growth in real GDP.
• C) is an inaccurate way to measure growth in real GDP and so has been replaced by the "nominal- to- real" index.
• D) must be calculated only every other year.

---

Definitions:

Adult Change

Refers to the psychological, emotional, and physical changes that occur in adults due to aging, life experiences, or personal development.

Periods Of Human Development

Distinct phases in the life span of a human, characterized by specific physical, psychological, and cognitive changes.

Cognitive Event

An occurrence or moment that involves mental processes such as perception, memory, judgment, and reasoning, influencing how we understand and interact with the world.

Psychosocial

Pertaining to the interrelation of social factors and individual thoughts and behaviors.