If Real GDP in a Particular Year Is $80 Billion

question 185

Multiple Choice

If real GDP in a particular year is $80 billion and nominal GDP is $240 billion, the GDP price index for that year is

• A) 100.
• B) 200.
• C) 240.
• D) 300.

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Definitions:

Chromosomes

Structures within cells that contain DNA and protein, playing a key role in inheritance by carrying genes.

Single Cell

An organism or the basic structural unit of an organism that consists of only one cell, exemplifying both unicellular organisms and the cellular basis of multicellular life.

Avery, MacLeod, McCarty

A scientific team that demonstrated DNA as the substance responsible for transferring genetic information, laying groundwork for modern molecular biology.

Transforming Substance

A factor or component that induces change or transformation in a substance, often used in context with genetic material.