If Prices Have Decreased Since the Base Period, Then

question 63

Multiple Choice

If prices have decreased since the base period, then

• A)real GDP is larger than nominal GDP.
• B)real GDP is equal to nominal GDP.
• C)real GDP can no longer be compared to nominal GDP.
• D)real GDP is smaller than nominal GDP.
• E)there is no way to adjust nominal GDP so that it equals real GDP.

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Definitions:

Punishment

A method used to reduce or eliminate unwanted behavior by introducing a negative consequence or removing a desired stimulus following the behavior.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Anger And Hostility

Intense feelings of displeasure or aggression towards something or someone, often displayed through antagonistic or confrontational behavior.

Alternatives

Options or choices available in any decision-making situation.