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If Nominal Gross Domestic Product (GDP)for a Particular Year Is

question 29

Multiple Choice

If nominal gross domestic product (GDP) for a particular year is $6 trillion and real gross domestic product (GDP) for that year is $5 trillion,then the GDP price index for that year is _____.


Definitions:

Pharming

A biotechnological process that uses genetically modified plants or animals to produce pharmaceuticals.

Animal Cloning

The process of creating an identical copy of an animal by replicating its DNA in a laboratory.

Gene Therapy

A medical technique that modifies a person's genes to treat or prevent disease.

Eugenics

The controversial science aimed at improving the genetic quality of the human population through selective breeding.

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