The GDP Deflator Is the

question 266

Multiple Choice

The GDP deflator is the

• A)difference between real GDP and nominal GDP multiplied by 100.
• B)difference between nominal GDP and real GDP multiplied by 100.
• C)ratio of real GDP to nominal GDP multiplied by 100.
• D)ratio of nominal GDP to real GDP multiplied by 100.
• E)the different between real GDP and potential GDP.

---

Definitions:

Erik Erickson

A developmental psychologist known for his theory on the psychosocial development of humans, identifying eight stages from infancy to adulthood.

Generativity

A concept in psychology referring to the concern for establishing and guiding the next generation, often associated with middle adulthood.

Stagnation

A period of little or no growth, development, or progress.

Object Permanence

The understanding, which develops throughout the first year, that an object continues to exist even when you cannot see it or touch it.