GDP Is Used in the __________ to __________

question 74

Multiple Choice

GDP is used in the __________ to __________.

• A) long run;alert us to recessions
• B) short run;alert us to recessions
• C) long run;gauge the success of monetary policy
• D) short run;measure changes in the standard of living
• E) short run;check for inflation

---

Definitions:

Continuous Process

A process characterized by ongoing operations or functions without interruption.

Psychoanalytic Theory

A theory of personality development and its complex functioning in adulthood originated by Sigmund Freud.

Superego

In Freud’s personality theory, the last of three aspects of personality, which serves as an “internalized parent” that causes one to feel guilty if his behavior deviates from parental and societal restrictions.

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, known for his theories of the unconscious mind and the development of psychosexual stages.