The GDP Deflator in Year 2 Is 105,using Year 1

question 89

Multiple Choice

The GDP deflator in year 2 is 105,using year 1 as the base year.This means that,on average,the cost of goods and services is

• A)5% higher in year 2 than in year 1.
• B)105% higher in year 2 than in year 1.
• C)5% higher in year 1 than in year 2.
• D)105% higher in year 1 than in year 2.

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Definitions:

Firing

In the context of neural activity, it refers to the action of a neuron when it sends an electrical signal down its axon to communicate with other neurons.

Action Potential

A rapid, temporary change in a cell's electrical charge that facilitates the transmission of signals in neurons.

Serotonin

A neurotransmitter involved in many functions including mood regulation, digestion, and sleep.

Regulation Of Mood

Processes and activities that help in controlling or balancing emotional states or moods.