Nominal GDP Is GDP

question 38

Multiple Choice

Nominal GDP is GDP

• A) after adjusting for any price changes.
• B) that ignores depreciation.
• C) using current market values.
• D) minus depreciation.
• E) during a recession.

---

Definitions:

Mediation

A form of dispute resolution where a neutral third party (mediator) helps the disputing parties come to a mutually acceptable agreement.

Arbitration

A form of alternative dispute resolution where a neutral third party, known as an arbitrator, makes decisions to resolve a dispute outside of court.

Sexual Harassment

Unwelcome actions, requests for sexual favors, or other verbal or physical conduct of a sexual nature that affects an individual's employment or work environment.

Peremptory Challenge

In a jury trial, the right of the plaintiff and the defendant in jury selection to reject, without stating a reason, a certain number of potential jurors who appear to have an unfavorable bias.