The real value of an economic variable is
A) the producer price.
B) expressed in terms of actual market prices at which goods are sold.
C) computed by taking the nominal value and dividing by the appropriate price index.
D) the consumer price index.
C
You might also like to view...
Beta error or Type II error comes about when we
a. fail to reject null hypotheses that are true. b. fail to reject null hypotheses that are false. c. fail to support research hypotheses that are true. d. reject research hypotheses that are true.
Which of the following statements fits neoclassical thinking?
a. Crime is the result of genetic predisposition. b. Criminals act with free will. c. Crime is the result of one's social ecology. d. Criminals act due to demonic possession.
A ______ program is used for offenders that are currently housed in a local jail. It allows individuals to leave the facility during the day.
a. work release program b. day-reporting center c. halfway house d. house arrest program
According to Scull's study, all of the following represent examples of women being aggressive toward male dancers EXCEPT
a. threatening a dancer's life. b. scratching skin. c. grabbing a dancer's penis. d. trying to stick objects in a dancer's anus.