Table 10-4
the Country of Caspir Produces Only Cereal and Milk

question 418

Multiple Choice

Table 10-4
The country of Caspir produces only cereal and milk. Quantities and prices of these goods for the last several years are shown below. The base year is 2008.Prices and Quantities
$$\begin{array} { c c c c c } \text { Year } & \text { Price af Cereal } & \begin{array} { c } \text { Quantity af } \\\text { Cereal }\end{array} & \text { Price af Millz } & \begin{array} { c } \text { Quantity df } \\\text { Mill }\end{array} \\\hline 2008 & \$ 4.00 & 90 & \$ 1.50 & 150 \\2009 & \$ 4.00 & 100 & \$ 2.00 & 180 \\2010 & \$ 5.00 & 120 & \$ 2.50 & 200 \\2011 & \$ 6.00 & 150 & \$ 3.50 & 200\end{array}$$
-Refer to Table 10-4. In 2008, this country's

• A)nominal GDP was greater than real GDP, and the GDP deflator was greater than 100.
• B)nominal GDP was equal to real GDP, and the GDP deflator was equal to 1.
• C)nominal GDP was less than real GDP, and the GDP deflator was less than 100.
• D)nominal GDP was equal to real GDP, and the GDP deflator was equal to 100.

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Definitions:

Functionalist Theories

Sociological perspectives that interpret society as a structure with interrelated parts designed to meet the biological and social needs of individuals who make up that society.

Social Structure

Social structure refers to the organized pattern of social relationships and social institutions that together compose society, shaping behaviors and interactions among its members.

Social Control Theory

A theory in sociology that suggests that people's relationships, commitments, values, norms, and beliefs encourage them not to break the law.

Common Value System

A set of shared beliefs, norms, and values that guide the behavior of members within a society or group.