Table 19-19 -Refer to Table 19-19

question 46

Multiple Choice

Table 19-19
$$\begin{array} { | l | r | r | } \hline & { \mathbf { 2 0 1 5 } } & { \mathbf { 2 0 1 6 } } \\\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \\\hline \text { Real GDP } & 9,500 & 10,500 \\\hline\end{array}$$
-Refer to Table 19-19.Given the information above,calculate the GDP deflator in 2015.

• A)87
• B)95
• C)105
• D)114

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Definitions:

Social Selves

The concept referring to the parts of an individual's identity and personality that are derived from their social interactions and relationships.

Culturally Approved Standards

Norms and guidelines that are widely accepted and endorsed within a specific culture, guiding behavior and expectations.

"Me"

A concept in sociology that refers to the part of an individual's self that is formed through social interaction and understands societal expectations.

Immediate Gratification

The desire to experience pleasure or fulfillment without delay or deferment, often prioritizing short-term rewards over long-term benefits.