If Real GDP Rose by 4 Percent Per Year and the GDP

question 295

Multiple Choice

If real GDP rose by 4 percent per year and the GDP deflator rose by 2.5 percent per year,the percentage change in GDP was

• A)1.5%.
• B)1.6%.
• C)6.5%.
• D)10%.

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Definitions:

Sadhus

Ascetic, wandering monks in Hinduism who have renounced the worldly life to focus on spiritual practices and meditation.

Hindu Culture

A term that encompasses the religious, societal, and cultural practices and traditions associated with Hinduism and its followers.

Dependence Training

An educational or familial process that encourages reliance on others in the social group, often contrasted with independence training.

Settled Ju/'hoansi

Refers to the transition of the Ju/'hoansi, a hunter-gatherer group, towards a more sedentary lifestyle.