Real GDP Measures ________

question 32

Multiple Choice

Real GDP measures ________.

• A)the total hours the average U.S.citizen works a year
• B)the percentage of income produced by workers and firms
• C)how slowly interest rates grow
• D)the total market value of actual goods and services produced in an economy over a year
• E)how rapidly the overall level of prices is rising

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Definitions:

Sympathetic Nervous

Part of the autonomic nervous system responsible for the 'fight or flight' response, preparing the body for action.

Autonomic Nervous

Part of the nervous system that controls involuntary bodily functions such as heart rate, digestion, and respiratory rate.

Parasympathetic Nervous

Part of the autonomic nervous system responsible for relaxation and conservation of energy by slowing the heart rate and increasing intestinal and gland activity.

Autonomic Nervous System

The Autonomic Nervous System is a part of the peripheral nervous system responsible for regulating involuntary body functions, such as heart rate, digestion, and respiratory rate.