The GDP Price Index Can Be Interpreted as

question 149

Multiple Choice

The GDP price index can be interpreted as

• A)(nominal GDP ÷ real GDP)× 100.
• B)(real GDP ÷ nominal GDP)× 100.
• C)(nominal GDP + real GDP)÷ 100.
• D)(nominal GDP - real GDP)÷ 100.
• E)(real GDP - nominal GDP)÷ 100.

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Definitions:

Preponderance of the Evidence

The standard of proof in most civil cases, requiring that the argument that's more convincing and has greater weight wins.

Scintilla of Evidence

A very small amount of proof that may suggest something is true but does not guarantee its truth.

Judgment as a Matter of Law

A legal ruling by a judge that is made during a trial prior to it going to the jury, based on the fact that no reasonable jury could find differently.

Judgment N.o.v.

Short for "judgment non obstante veredicto," a court ruling overturning a jury's verdict because it was not reasonably supported by evidence.