If GDP Was $10 Trillion in 2001 and the GDP

question 287

Multiple Choice

If GDP was $10 trillion in 2001 and the GDP deflator was 100 in 2000 and 110 in 2001, what was real GDP?

• A) $9.09 trillion
• B) $10 trillion
• C) $11.1 trillion
• D) $110.0 trillion

---

Definitions:

Group Conformity

The tendency of individuals to adjust their attitudes, opinions, or behaviors to align with the norms of a particular group or society.

Milgram

Refers to a series of social psychology experiments conducted by Stanley Milgram, demonstrating the willingness of participants to obey an authority figure's instructions to perform acts conflicting with their personal conscience.

Obedience to Authority

A form of social influence where an individual complies with orders from an authority figure.

Subjects

Individuals or entities being studied or observed in a research project or experiment.