Table 5-3. Prices and Quantities

question 143

Multiple Choice

Table 5-3.
Prices and Quantities

-Refer to Table 5-3. Using 2009 as the base year, what can we conclude for 2008?

• A)Real GDP is $760 and the GDP deflator is 100.
• B)Real GDP is $760 and the GDP deflator is 125.
• C)Real GDP is $880 and the GDP deflator is 80.
• D)Real GDP is $950 and the GDP deflator is 80.

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Definitions:

Vertebrate Eye

A complex organ in vertebrates that allows for vision by detecting light and converting it into neural signals.

Genetic Engineering

The deliberate modification of the characteristics of an organism by manipulating its genetic material.

Darwin's Finches

A group of Galápagos Islands' finches that played a critical role in Charles Darwin's study of natural selection.

Galápagos Islands

An archipelago of volcanic islands in the Pacific Ocean, known for their unique endemic species and significant contribution to the development of Charles Darwin's theory of evolution by natural selection.