Randomly Trying Combinations and Evaluating the Success (Or Failure)of an Outcome

question 27

Multiple Choice

Randomly trying combinations and evaluating the success (or failure) of an outcome is _________.

• A)crossover
• B)evolution
• C)mutation
• D)selection

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Definitions:

GDP Price Index

An indicator reflecting the variation in costs for all newly produced domestic final goods and services within an economy.

Real Gross Domestic Product (GDP)

An inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year, showing true growth.

GDP Price Index

A measure that reflects the prices of all goods and services included in the Gross Domestic Product, indicating the overall level of inflation or deflation in an economy.

Nominal GDP

Gross Domestic Product measured in current prices, without adjustment for inflation.