Total Changes in GDP Over Time Are

question 21

Multiple Choice

Total changes in GDP over time are:

• A) larger than the annual growth rate due to compounding.
• B) smaller than the annual growth rate due to seasonal adjustments.
• C) larger than the annual growth rate due to inflation.
• D) larger than the annual growth rate due to population growth.

---

Definitions:

Formation

The process of coming into existence or the act of creating or developing something.

Entitativity

The extent to which a group is perceived as a cohesive and singular entity, distinguished by the uniformity and interdependence of its members.

Cheerleaders

Individuals or a group who provide vocal, and sometimes physical, support and encouragement for a team or event.

Tuckman's Model

A theory of group development outlining stages: forming, storming, norming, performing, and adjourning, through which groups tend to progress.