If You Want to Be Absolutely Certain That You Will

question 97

Multiple Choice

If you want to be absolutely certain that you will find the solution to a problem you know is solvable,you should use

• A)a heuristic.
• B)an algorithm.
• C)insight.
• D)trial and error.

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Definitions:

GDP

The total market or monetary worth of all completed goods and services produced inside a nation's boundaries over a certain period is known as the Gross Domestic Product.

GDP Deflator

A measure of the price level for all new, domestically produced, final goods and services in an economy, used to convert nominal GDP into real GDP.

Base Year

A specific year against which economic growth or other economic variables are measured.

Nominal GDP

The market value of all final goods and services produced within a country in a given period, measured using current prices without adjustment for inflation.