If Real GDP Is Greater Than Nominal GDP for a Particular

question 49

Multiple Choice

If real GDP is greater than nominal GDP for a particular year, then

• A) prices must have fallen between the current year and the base year.
• B) production must have increased between the current year and the base year.
• C) production must have fallen between the current year and the base year.
• D) prices must have risen between the current year and the base year.
• E) prices must have fallen between the current year and the immediate past year.

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Definitions:

Keystone Species

An essential species in an ecosystem that plays a key role in maintaining the balance, wherein its elimination would cause dramatic shifts in the ecosystem's dynamics.

Nutrient Cycling

The movement and exchange of organic and inorganic matter back into the production of living matter.

Resource Availability

The level of availability of various resources (natural, economic, human, etc.) that can be accessed or utilized by organisms, individuals, or societies.

Keystone Species

A species whose presence and role within an ecosystem have a disproportionate effect on the environment relative to its abundance.