If the GDP Deflator Is Greater Than 100, Then

question 137

Multiple Choice

If the GDP deflator is greater than 100, then

• A) nominal GDP is greater than real GDP.
• B) nominal GDP is lower than real GDP.
• C) nominal GDP equals real GDP.
• D) prices decreased by more than half between the current and the base years.

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Definitions:

Serotonin

A chemical messenger in the brain crucial for maintaining stable mood, as well as promoting feelings of contentment and joy.

Peripheral Nervous System

The part of the nervous system outside the brain and spinal cord, which connects the central nervous system to limbs and organs.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for physical activity by increasing heart rate, constricting blood vessels, and raising blood pressure.

Parasympathetic Nervous System

The division of the autonomic nervous system that calms the body, conserving its energy.