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Table 12-15 -Refer to Table 12-15

question 60

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Table 12-15
 Year  Nominal  GDP  Real GDP 2011$13,399$12,976201214,07813,254201314,44113,312\begin{array} { | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Nominal } \\\text { GDP }\end{array} & \text { Real GDP } \\\hline 2011 & \$ 13,399 & \$ 12,976 \\\hline 2012 & 14,078 & 13,254 \\\hline 2013 & 14,441 & 13,312 \\\hline\end{array}
-Refer to Table 12-15.Consider the following data on nominal GDP and real GDP (values are in billions of dollars) : The GDP deflator for 2012 equals


Definitions:

Spontaneous Recovery

In behavioral psychology, the reappearance of a previously extinguished response following a rest period without further conditioning.

Proactive Interference

A phenomenon where old memories interfere with the retention of new information.

Short-term Memory

A temporary store for information, capable of holding a small amount of data for a short period before it is transferred to long-term memory or forgotten.

Long-term Memory

The phase of memory responsible for the storage of information over extended periods, potentially as long as a lifetime.

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