Real GDP Is Not a Good Measure of Average Material

question 99

Multiple Choice

Real GDP is not a good measure of average material living standards because

• A)it is biased by the changes in the inflation rate.
• B)it excludes the role of imported goods.
• C)it does not take into account the size of the population.
• D)it is sensitive to the base year chosen in its calculation.
• E)the price level may be changing,which affects what people can afford to buy.

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Definitions:

Cross Over

The exchange of genetic material between homologous chromosomes during meiosis, leading to new genetic combinations.

Genetic Disorder

A disease or condition caused by an abnormality in an individual's DNA, which can be inherited from parents or arise from mutations in the genes.

Chromosome Deletion

A genetic mutation involving the loss of a segment of a chromosome, which can result in developmental issues or diseases.

Repeat Sequences

Sequences of DNA that are repeated multiple times in the genome, playing roles in chromosomal structure and function.