Which of the Following Is a True Statement About Real

question 214

Multiple Choice

Which of the following is a true statement about real and nominal GDP?

• A)If nominal GDP increases from one year to the next,we know that production of goods and services has risen.
• B)Nominal GDP is a better measure than real GDP in comparing changes in the production of goods and service year after year.
• C)Increases in average prices do not affect the calculation of nominal GDP.
• D)If real GDP increases from one year to the next,we know that production of goods and services has risen.

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Definitions:

Hypothalamus

A region of the brain responsible for hormone production that regulates bodily functions such as temperature, hunger, moods, and the sleep cycle.

Fornix

A C-shaped bundle of nerve fibers in the brain that plays a key role in cognitive functions and memory formation.

Executive Functions

Functions of the brain that involve the ability to sustain concentration; use abstract reasoning and concept formation; anticipate, plan, and program; initiate purposeful behavior; self-monitor; and shift from maladaptive patterns of behavior to more adaptive ones.

Prefrontal Cortex

The front part of the frontal lobe of the brain, involved in complex behaviors such as planning, decision making, and moderating social behavior.