If Real GDP in 2017 (Using 2007 Prices)is Lower Than

question 45

Multiple Choice

If real GDP in 2017 (using 2007 prices) is lower than nominal GDP of 2016, then

• A)prices in 2017 are lower than prices in 2016.
• B)nominal GDP in 2017 equals nominal GDP in 2016.
• C)prices in 2017 are higher than prices in 2016.
• D)real GDP in 2017 is larger than real GDP in 2016.
• E)the economy is going through a recession.

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Definitions:

Mortality

The state of being subject to death; often used in statistics to refer to the rate of death in a population.

Catecholamines

A class of neurotransmitters that includes dopamine, norepinephrine, and epinephrine, playing important roles in the body's stress response and emotional arousal.

Cytokines

Small proteins that are important in cell signaling. They are released by cells and affect the behavior of other cells, and sometimes the releasing cell itself.

Somatostatin

A hormone that inhibits the release of several other hormones, playing a critical role in regulating the endocrine system and affecting neurotransmission and cell proliferation.