Suppose That Over the Last Twenty-Five Years a Country's Nominal

question 16

Multiple Choice

Suppose that over the last twenty-five years a country's nominal GDP grew to three times its former size.In the meantime,population grew by 40 percent and prices rose by 100 percent.What happened to real GDP per person?

• A)It more than doubled.
• B)It increased,but it less than doubled.
• C)It was unchanged.
• D)It decreased.

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Definitions:

Change Of Actions

The process of modifying one's behavior or actions in response to external or internal factors.

Group Pressures

The influence exerted by a social group on individual members to behave in certain ways or conform to group norms and expectations.

Conformity

The act of changing one's behavior or beliefs in order to match those of others, typically as a result of real or imagined group pressure.

Door-In-The-Face Technique

A compliance method whereby a large request is made knowing it will be refused so that a subsequent, smaller request is more likely to be accepted.