Based on the Following Output, Which Conclusion Is Correct

question 19

Multiple Choice

Based on the following output, which conclusion is correct?
 

• A) 1980 GSS young adults averaged 2.622 TVHOURS.
• B) 1980 GSS middle-age adults had the highest average TVHOURS.
• C) 2010 GSS young adults were the largest of the groups.
• D) 2010 GSS middle-age adults had the greatest variability in TVHOURS.

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Definitions:

GDP Deflator

A measure of the price level for all domestically produced goods and services in an economy, indicating the rate of inflation or deflation.

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate representation of an economy's size and growth.

Inflation

The rate at which the general level of prices for goods and services is rising, leading to a decrease in the purchasing power of money.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to gauge inflation or deflation.