Table 72
GDP for Newland Based on Table 7

question 63

Multiple Choice

$\begin{array}{rrrr}&\text { Nominal GDP }\\&\text { (in billions of dollars) }&\text { GDP deflator }&\text { CPI }\\\hline2001 & \$ 5,900 & 120.1 & 128.3 \\2002 & 6,300 & 123.0 & 131.7 \\2003 & 6,800 & 126.3 & 136.5\end{array}$

Table 7.2
GDP for Newland Based on Table 7.2,the rate of inflation between 2001 and 2002 using the CPI was

• A)2.65 percent.
• B)2.58 percent.
• C)3.40 percent.
• D)2.02 percent.

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Definitions:

Imagination Inflation

A situation where visualizing an event that never took place can boost the belief that it really happened.

Overlearning

The process of continuing to practice or study beyond just achieving initial mastery, enhancing performance and recall.

Retention

The ability to keep or hold information in memory over a period of time.

Distributed Practice

A learning strategy that involves spreading study sessions out over time rather than cramming them into a short period.