Examlex
Suppose real GDP increased 1% from Year 1 to Year 2 and the GDP deflator increased 2% for the same period of time.What is the percentage change for nominal GDP for the same period?
Mental Set
A psychological tendency to approach situations in a certain way due to past experiences or habits, which can limit problem-solving abilities.
Unnecessary Constraints
Limitations or restrictions that are not required and can hinder creativity, progress, or the achievement of goals.
Processing Speed
The rate at which an individual can take in, assimilate, understand, and act on information.
Metalinguistic Awareness
The ability to reflect on and manipulate the structural features of language.
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