The Formula for Calculating Real GDP = (Price Index/nominal GDP)x

question 37

True/False

The formula for calculating real GDP = (price index/nominal GDP)x 100.

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Definitions:

Homoplasious Trait

A characteristic shared by a set of species but not present in their common ancestor, often resulting from convergent evolution rather than shared ancestry.

Analogous Trait

A trait shared by different species due to convergent evolution, not because of a shared ancestry, producing similar structures independently.

Monophyletic Group

A group of organisms that consists of all the descendants of a common ancestor, representing a single branch on the tree of life.

Ancestor

An organism from which others have descended.