The GDP Deflator for Years Subsequent to the Base Year

question 44

Multiple Choice

The GDP deflator for years subsequent to the base year measures the change in

• A)nominal GDP from the base year that cannot be attributable to a change in real GDP.
• B)real GDP from the base year that cannot be attributable to a change in nominal GDP.
• C)nominal GDP from the base year that cannot be attributable to a change in prices.
• D)real GDP from the base year that cannot be attributable to a change in prices.

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Definitions:

An-

Prefix indicating without or lack of.

Bifurcation

The division of something into two branches or parts, often referred to in a biological context such as blood vessels or airways.

Hyperactive

Hyperactive describes a condition of having more energy and movement than is normal or desirable, often associated with attention deficit hyperactivity disorder (ADHD).

Hyper-

A prefix meaning above or excessive, used to describe conditions of overactivity or elevated levels (e.g., hypertension).