Real GDP Is

question 134

Multiple Choice

Real GDP is

• A)the final estimate of GDP for a period.
• B)GDP unadjusted for inflation.
• C)GDP adjusted for inflation.
• D)total income minus indirect business taxes.

---

Definitions:

Reciprocal Helping

Reciprocal helping is a social behavior where an individual aids another with the expectation that the help will be returned in the future, enhancing survival chances for both.

Frustration-Aggression Hypothesis

The idea that the more frustrated a person feels, the more likely the person is to act aggressively.

Risky-Shift Effect

The phenomenon where a group collectively decides on a course of action that is more extreme than they would have decided individually.

Normative Influence

Social influence that leads individuals to conform in order to be accepted or liked by a group, following the group's norms and expectations.