Which of the Following Is Correct

question 131

Multiple Choice

Which of the following is correct?

• A) Real GDP is the variable most commonly used to measure short-run economic fluctuations. These fluctuations can be predicted with some accuracy.
• B) Real GDP is the variable most commonly used to measure short-run economic fluctuations. It is almost impossible to predict these fluctuations with much accuracy.
• C) Nominal GDP is the variable most commonly used to measure short-run economic fluctuations. These fluctuations can be predicted with some accuracy.
• D) Nominal GDP is the variable most commonly used to measure short-run economic fluctuations. It is almost impossible to predict these fluctuations with much accuracy.

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Definitions:

Memory Distortion

The alteration of a memory or the introduction of inaccuracies into a memory over time, which can significantly impact how the memory is recalled.

Source Amnesia

A memory disorder in which someone can remember certain information, but not how, when, or where they learned that information.

Classically Conditioned

A conditioning process that involves pairing two stimuli repeatedly; the response initially produced by the second stimulus eventually comes to be produced by the first stimulus exclusively.

Automatic Processing

Cognitive operations that occur without conscious awareness or effort, often as a result of learning and practice.