When Differences Between Nominal GDP and Real GDP Result Due

question 81

Multiple Choice

When differences between nominal GDP and real GDP result due to price changes and nothing else is compared, an index is created called the

• A) inflation index.
• B) consumer price index.
• C) GDP deflator.
• D) index of leading indicators.

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Definitions:

Two-Day Revenues

The total amount of money earned or received by a business or entity over a period of two days.

Daily Indexes

Financial indicators that track the performance of a portfolio of selected stocks or assets, recalculated daily.

Regression Trend Line

A line graphed in scatter plot data to represent the average direction of the data points and understand the relationship between variables.

Regression Technique

A statistical method used to analyze the relationship between a dependent variable and one or more independent variables.