The Price of DVD Players Increases Dramatically, Causing a 1

question 92

Multiple Choice

The price of DVD players increases dramatically, causing a 1 percent increase in the CPI. The price increase will most likely cause the GDP deflator to increase by

• A)more than 1 percent.
• B)less than 1 percent.
• C)1 percent.
• D)None of the above is correct; this particular price increase will not affect the GDP deflator.

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Definitions:

Behavior

The way in which an organism acts or conducts itself, especially in response to its environment.

Evolutionary Perspective

The evolutionary perspective examines how the process of evolution has shaped the behavior, structure, and functions of living organisms.

Genetic Inheritance

The process through which genes and characteristics are passed down from parents to offspring.

Experiment

A method of research in the sciences or social sciences in which variables are manipulated and controlled to determine their effects on other variables.