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If You Want to Compare Real GDP in 2000 and 2008

question 115

Multiple Choice

If you want to compare real GDP in 2000 and 2008, what prices can you use? I. 2000 prices for the 2000 GDP and 2008 prices for the 2008 GDP II. 2000 prices for GDP in both years III. 2008 prices for GDP in both years


Definitions:

Disposition

An individual's inherent qualities of mind and character.

Naïve Scientist

A theory suggesting individuals attempt to understand the social world using logical processes akin to those used by scientists, albeit in a simplified, "naïve" manner.

Intuitive Scientist

A concept suggesting that individuals use informal methods akin to scientific reasoning to understand and predict others' behaviors.

Scientific Methods

A systematic and logical approach to acquiring knowledge that involves observation, experimentation, and data analysis.

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