Which of the Following Is Correct

question 36

Multiple Choice

Which of the following is correct?

• A)Nominal GDP is always less than real GDP.
• B)Nominal GDP is always greater than real GDP.
• C)Nominal GDP equals real GDP in the base year.
• D)Nominal GDP equals real GDP in all years but the base year.

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Definitions:

Ethnicity

Sociological factors such as nationality, culture, language, and ancestry.

Skin Color

A characteristic of human physical appearance which ranges in variation from the darkest brown to the lightest hues, determined by the amount of melanin in the skin.

Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group.

Deep-Level Diversity

Differences between individuals at a more profound level, including values, beliefs, and attitudes, as opposed to observable characteristics.