Real GDP Measures

question 43

Multiple Choice

Real GDP measures

• A)the constant-dollar value of the potential output of the nation's economy over the period of one year.
• B)the quantity of total output produced by the nation's economy over the period of one year.
• C)the fluctuations of national income around its long-term trend.
• D)the annual growth rate of real national income.
• E)the long-term trend in total output produced by the nation's economy.

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Definitions:

Basal Metabolic Rate

The amount of energy expended by a body at rest in a neutral environment, necessary to maintain basic bodily functions.

Appetite-Enhancing Center

A region in the brain, often associated with the hypothalamus, that stimulates the desire to eat.

Hormone

A chemical substance produced in the body that controls and regulates the activity of certain cells or organs.

PYY

A hormone, short for Peptide YY, produced in the gut in response to eating and is associated with reducing appetite and inhibiting food intake.