The Following Data Show Uruguay's GDP Using Purchasing Power Parity

question 102

Multiple Choice

The following data show Uruguay's GDP using purchasing power parity in billions of dollars. Year 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP($) 26.1 25.8 23.3 24.3 27.9 30.1 33.9 37.2 40.2
Using the data, we can conclude that

• A) Uruguay's economy entered a recession in 2005.
• B) Uruguay's standard of living increased steadily between 2000 and 2008.
• C) potential GDP more than doubled between 2000 and 2008.
• D) Uruguay's economy reached a trough in 2002.

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Definitions:

Genes

Units of heredity made up of DNA that are responsible for determining the characteristics of an organism.

Operant Conditioning Procedure

A method of learning that employs rewards and punishments for behavior, encouraging the occurrence of desired behaviors and discouraging undesired ones.

Jump Through Hoop

A metaphorical expression meaning to go through many difficult or unnecessary tasks or obstacles to achieve a goal.

Reinforcers

Stimuli that increase the probability of a behavior being repeated.