Economists Use the Price Index to Eliminate Year-To-Year Changes in GDP

question 6

Multiple Choice

Economists use the price index to eliminate year-to-year changes in GDP due solely to changes in:

• A)the exchange rate.
• B)the unemployment rate.
• C)fiscal spending.
• D)consumer demand.
• E)the price level.

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Definitions:

CNS

The Central Nervous System, consisting of the brain and spinal cord, which acts as the primary control center for processing and transmitting information throughout the body.

Pain

The sensation that warns an individual of damage to the body.

Temperature

A measure of the degree of internal heat energy in a body or environment, influencing physical states and reactions.

Motor Nerves

Nerves that transmit signals from the central nervous system to muscles, thus facilitating movement.