Suppose a Nation's 2010 Nominal GDP Was $972 Billion and the General

question 120

Multiple Choice

Suppose a nation's 2010 nominal GDP was $972 billion and the general price index was 90.To make the 2010 GDP comparable with the base year GDP, the 2010 GDP must be

• A)deflated to $678 billion.
• B)deflated to $896 billion.
• C)inflated to $1,080 billion.
• D)deflated to $1,080 billion.

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Definitions:

Human Behavior

The total range of actions or reactions of people in response to external or internal stimuli.

Physiological Psychologist

A scientist who specializes in studying the biological basis of behavior, focusing on the relationship between the mind and physiological processes in the brain and nervous system.

Comparative Psychologist

A Comparative Psychologist studies the behavior and mental processes of non-human animals in comparison to humans, often to understand the evolutionary aspects of behavior.

Social Psychologist

A scientist who studies how the presence, thoughts, and behaviors of others influence an individual's behavior, thoughts, and feelings.