If in Some Year Nominal GDP Was $40 Billion and the GDP

question 35

Multiple Choice

If in some year nominal GDP was $40 billion and the GDP deflator was 70, what was real GDP?

• A)$110.0 billion
• B)$175.0 billion
• C)$57.1 billion
• D)$30.0 billion

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Definitions:

Horizontal Loading

An approach to job design that involves adding more tasks of similar complexity to an employee's responsibilities to increase job breadth.

Job Responsibility

The specific tasks or duties that are expected to be carried out by someone in their employment role.

Job Enlargement

The process of increasing the number and variety of tasks that an employee performs, aiming to enhance job satisfaction and performance.

Technostress

The stress caused by new and advancing technologies in the workplace.