A Country Reported a Nominal GDP of $100 Billion in 2015

question 89

Multiple Choice

A country reported a nominal GDP of $100 billion in 2015 and $75 billion in 2014 and reported a GDP deflator of 125 in 2015 and 120 in 2014.What happened to real output and prices from 2014 to 2015?

• A) Real output and prices both rose.
• B) Real output rose and prices fell.
• C) Real output fell and prices rose.
• D) Real output and prices both fell.

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Definitions:

Eye-hand Coordination

The ability to perform movements with the hands guided by the eyes, involving the coordinated control of eye movement with hand movement.

Forearm Strength

The physical strength or force exhibited by the muscles in the forearm, influencing the ability to grip and manipulate objects.

Limb Coordination

Limb coordination refers to the ability to execute smooth, accurate, and controlled movements using the arms, legs, or other appendages.

Motor Performance

The ability to execute physical actions or tasks fluently, efficiently, and effectively.