We Can Conclude That There Has Been Inflation Since the Base

question 10

Multiple Choice

We can conclude that there has been inflation since the base year if the GDP price index in the current year is _____.

• A)10
• B)equal to zero
• C)20
• D)greater than 100
• E)negative

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Definitions:

Scenario Planning

Planning that identifies alternative future scenarios and makes plans to deal with each.

Royal Dutch/Shell

A global group of energy and petrochemical companies, known for its innovations in oil and gas exploration.

Future Shocks

A term by Alvin Toffler referring to the distressing disorientation felt when individuals or societies experience too much change in too short a time.

Benchmarking

The use of external and internal comparisons to plan for future improvements.