Even Though It Is Not a Perfect Measure,economists Can Use

question 253

Multiple Choice

Even though it is not a perfect measure,economists can use real GDP to
I.compare how the value of the goods and services produced in China
Have changed over the past 10 years.
Ii.look at the length of recessions and expansions in the United States.
Iii.compare the standard of living in China versus the standard of living in Vietnam.

• A)ii only
• B)i,ii and iii
• C)i and iii
• D)i and ii
• E)ii and iii

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Definitions:

Defense Mechanisms

Psychological strategies used unconsciously to protect oneself from anxiety or to face reality, such as denial, repression, or rationalization.

Psychodynamic Theories

Theories in psychology that posit that human behavior and emotions are driven by unconscious motives and conflicts.

Biophysical

Relating to the biological and physical aspects of organisms and the processes that govern their interactions and behaviors.

Respondent Conditioning

A learning process where an unconditioned stimulus is paired with a neutral stimulus until the neutral stimulus alone elicits a response.