If Nominal GDP Is $10,000 and Real GDP Is $8,000

question 103

True/False

If nominal GDP is $10,000 and real GDP is $8,000, then the GDP deflator is 125.

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Definitions:

Yawns

Involuntary actions that involve opening the mouth widely and inhaling deeply, often triggered by fatigue or boredom.

Studying

The act of devoting time and attention to acquiring knowledge on a subject, especially through reading, research, or practice.

Mood Linkage

The phenomenon where individuals in a group share and mirror emotions or moods, often leading to a common mood within the group.

Physical Arousal

The physiological state of being alert and reactive to stimuli, often involving increased heart rate, blood pressure, and energy levels.