If Nominal Gross Domestic Product (GDP) in 2001 Was $1

question 21

Multiple Choice

If nominal Gross Domestic Product (GDP) in 2001 was $1 trillion, nominal Gross Domestic Product (GDP) in 2018 was $2 trillion, and the 2001 and 2018 price indexes were 100 and 250 respectively

• A) real Gross Domestic Product (GDP) increased between 2001 and 2015.
• B) real Gross Domestic Product (GDP) decreased between 2001 and 2015.
• C) real Gross Domestic Product (GDP) remained constant.
• D) we cannot draw any conclusions about changes in real Gross Domestic Product (GDP).

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Definitions:

Interposition

A visual cue in which one object partially covers another, leading to the perception of depth and order in visual space.

Parapsychology

The study of paranormal phenomena, including ESP and psychokinesis.

Psychokinesis

The claimed ability to move or manipulate objects with the mind without physical interaction.

ESP

Extrasensory perception, the ability to gain information about an object, person, location, or physical event through means other than the known human senses.