Measurement of Economic Values After Adjustments Have Been Made for Changes

question 12

Multiple Choice

Measurement of economic values after adjustments have been made for changes in the average of prices between years in known as

• A) the price index.
• B) a deflator.
• C) nominal values.
• D) real values.

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Definitions:

Extrasensory Perception

The claimed ability to perceive or acquire information beyond the use of the normal sensory channels.

Clairvoyance

A form of extrasensory perception wherein an individual claims to gain information about an object, person, location, or physical event through means other than the known human senses.

Precognition

The ability or belief in the ability to perceive or predict future events before they occur.

Telepathy

The claimed conveyance of thoughts or ideas by methods not involving the conventional senses.