A GDP Deflator of 112 Means

question 25

Multiple Choice

A GDP deflator of 112 means:

• A) the overall price level is 12 percent higher than in the base year.
• B) the overall output increased by 12 percent since the base year.
• C) every price in the economy has gone up by 12 percent.
• D) the production of each good in the economy has increased by 12 percent.

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Definitions:

Ordeal Therapy

A controversial psychological treatment method where the patient undergoes a difficult task or experience with the belief that surviving it will lead to a cure or improvement.

Contingency Management

A behavioral therapy technique that involves changing behavior by modifying the consequences, typically through rewards or punishments.

Contracting

The process of establishing a clear, mutual agreement between parties (e.g., therapist and client) outlining expectations, roles, and responsibilities.

Bowenian Family Therapist

A therapeutic approach based on the theories of Murray Bowen, focusing on family systems, patterns of interaction, and intergenerational transmission of behaviors and issues.