Which of the Following Is True

question 109

Multiple Choice

Which of the following is true?

• A) The GDP gap is the difference between nominal GDP and real GDP.
• B) Economic growth is a difference between last year's CPI and this year's CPI.
• C) Economic growth is measured by the annual increase in a nation's real GDP.
• D) Discouraged workers are not fully accounted for in the unemployment rate.

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Definitions:

Eyewitness Testimony

Evidence provided by individuals who were present at the scene of a crime that involves recounting what they observed.

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or a standard.

False Memory

A mental event where someone mistakenly believes they remember an event that never occurred or recalls the event inaccurately.