Suppose We Switch the Base Year from 2000 to 2008

question 25

Multiple Choice

Suppose we switch the base year from 2000 to 2008.This change in the base year will cause

• A)nominal GDP in every year to increase.
• B)nominal GDP in every year to decrease.
• C)both nominal and real GDP in every year to decrease.
• D)real GDP in every year to decrease.
• E) none of the above

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Definitions:

Job Scope

Refers to the breadth and depth of responsibilities and duties associated with a job position, impacting the employee's perceptions and satisfaction with their role.

Task Variety

The degree to which a job involves a range of different activities requiring various skills and talents.

Job Enlargement

The process of increasing the variety and number of tasks that an employee performs, aimed at enhancing job satisfaction.

Tea Manufacturing

The process involving the transformation of raw tea leaves into consumable tea products through various stages such as withering, rolling, and drying.