Answer:
The decisions made by producers and consumers drive all economic choices.
Explanation:
In today’s world, individuals are negative and pessimistic. Individuals
are more worried with the technology, and what the world can see to or do for
them in its place of what they can do for the Earth. Most individuals aren't worried
about Mother Nature.
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Explanation:
a).
Modus ponens: Some wars are just. So, pacifism must be false.
Modus tollens: Pacifism is always false. Thus, some wars are just.
b).
Modus ponens: God is in his heaven. Hence, all is right with the world.
Modus tollens: All is right across the world. So, God must be in his heaven.
c).
Modus ponens: Lino has admitted to all the charges. Hence, he must be telling the truth.
Modus tollens: Lino tells the truth. So, he must have admitted to his charges.
Answer:
The main difference between nominal GDP and real GDP is the adjustment for inflation. Since nominal GDP is calculated using current prices, it does not require any adjustments for inflation. This makes comparisons from quarter to quarter and year to year much simpler, though less relevant, to calculate and analyze.