In Order to Calculate the Real Deficit, Economists Need to Know

question 86

Multiple Choice

In order to calculate the real deficit, economists need to know the:

• A)nominal deficit and the rate of inflation.
• B)rate of inflation and the debt.
• C)rate of inflation, the debt, and the nominal deficit.
• D)rate of inflation, the debt, and the real interest rate.

---

Definitions:

Lateralization

The tendency for some neural functions or cognitive processes to be more dominant in one hemisphere of the brain than the other.

Maturation

Unfolding of a natural sequence of physical and behavioral changes.

Learning Theory

An interdisciplinary field of study that describes how people absorb, process, and retain knowledge during learning.

Imitation

The action of copying or mimicking the behaviors, actions, or sounds of others as a form of learning or social interaction.