Which of the Following Statements Is FALSE

question 16

Multiple Choice

Which of the following statements is FALSE?

• A)Yoghurt is made by adding a culture of lactic acid bacteria to pasteurised milk.
• B)Yoghurt is usually made from raw milk which is then pasteurised.
• C)Yoghurt is a method of preserving milk.
• D)The pH of yoghurt is acid.
• E)Yoghurt contains live bacteria.

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Definitions:

Nominal GDP

The gross domestic product measured at current market prices, without adjusting for inflation, reflecting the value of all goods and services produced.

Price Level

Refers to the average of current prices across the entire spectrum of goods and services produced in the economy.

Production

The process of combining various material inputs and immaterial inputs (plans, knowledge) to make something for consumption.

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate measure of an economy's size and growth rate over time.