If Nominal GDP in 2012 Was Less Than Real GDP

question 39

Multiple Choice

If nominal GDP in 2012 was less than real GDP in 2012,we know for certain that

• A) the price level in 2012 was greater than the price level in the base year.
• B) real GDP in 2012 was greater than real GDP in the base year.
• C) the price level in 2012 was less than the price level in the base year.
• D) real GDP in 2012 was less than real GDP in the base year.

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Definitions:

Inflammatory Response

A protective biological response of body tissues to harmful stimuli such as pathogens, damaged cells, or irritants; it is part of the immune response and involves redness, swelling, heat, and pain.

Capillary Permeability

The ability of substances to pass through the capillary walls into the tissues, involved in nutrient and gas exchange.

Clones

Clones are organisms, cells, or molecules that are genetically identical to their parent or original entity.

Specific Antigen

A unique molecule or part of a molecule that triggers an immune response, being recognized by specific antibodies.