Table 23-5 The Country of Caspir Produces Only Cereal and Milk. Quantities

question 387

Multiple Choice

Table 23-5
The country of Caspir produces only cereal and milk. Quantities and prices of these goods for the last several years are shown below. The base year is 2015.
Prices and Quantities
-Refer to Table 23-5. In 2015, this country's

• A)nominal GDP was greater than real GDP, and the GDP deflator was greater than 100.
• B)nominal GDP was equal to real GDP, and the GDP deflator was equal to 100%.
• C)nominal GDP was less than real GDP, and the GDP deflator was less than 100.
• D)nominal GDP was equal to real GDP, and the GDP deflator was equal to 100.

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a situation in which information does not enter the long-term memory due to inadequate attention to or processing of the information.

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The act of practicing or repeating information or actions to enhance memory or performance.

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