If Our Population Doubles,our GDP Quadruples,and Our GDP Deflator Doubles,our

question 137

Multiple Choice

If our population doubles,our GDP quadruples,and our GDP deflator doubles,our per capita real GDP will

• A)quadruple.
• B)double.
• C)stay exactly the same.
• D)decline by 25 percent.
• E)decline by 50 percent.

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Definitions:

Scatterplot

A graphical representation that displays the relationship between two quantitative variables by using dots.

Correlation

A statistical measure that describes the extent to which two variables change together, indicating the strength and direction of their relationship.

Outliers

Observations that lie an abnormal distance from other values in a random sample from a population.

Regression

A statistical method used to determine the strength and character of the relationship between one dependent variable and one or more independent variables.