If Nominal GDP and the GDP Deflator Both Rise by 5

question 167

True/False

If nominal GDP and the GDP deflator both rise by 5%, then real GDP is unchanged.

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Definitions:

Stress

A feeling of emotional or physical tension that can come from any event or thought, making one feel frustrated, angry, or nervous.

Life Change Units

A measure used in the study of stress to quantify the amount of life change a person experiences, often used to predict the likelihood of stress-related health outcomes.

Appraisals

Evaluations or judgments about the significance of what is happening to one's well-being.

Stressful Event

An incident or situation that causes significant pressure or anxiety, challenging an individual's ability to cope.