When Economists Speak of Changes in GDP Measured in Constant

question 127

Multiple Choice

When economists speak of changes in GDP measured in constant dollars, they mean that

• A) money GDP is constant.
• B) the price level is constant.
• C) a price index has been used to adjust money GDP for the effects of inflation.
• D) the growth rate of money GDP has been adjusted for changes in population.

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Definitions:

Colostomy Pouching System

A medical device used for collecting waste from the body through a surgically created opening in the abdomen.

Colon Cancer

A type of cancer that begins in the large intestine (colon), which is the final part of the digestive tract.

Colostomy

A surgical procedure that creates an opening (stoma) from the colon to the surface of the abdomen to eliminate waste.

Peristalsis

The involuntary contractions and relaxations of the muscles in the digestive tract, which move contents through the system.