GDP data have been adjusted for changes in the price level.
<h2>What is the real GDP?</h2>
- A Real GDP is defined as the value of domestic output after accounting for changes in income distribution and environmental damage.
- GDP numbers that reflect changes in the price level but not in the volume of goods produced.
- GDP data that don't take into account changes in both the level of physical output and the price of goods.
<h2>What are the three components of the GDP?</h2>
Gross domestic product and national income are examples.
- Individual earnings.
- Available cash: the nominal total cost of all goods and services generated in the economy.
- the nominal worth of all products produced in the domestic market adjusted for inflation or deflation.
Learn more about Real GDP at: <u><em>brainly.com/question/15682765?referrer=searchResults</em></u>
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Explanation:
environment of a business means the external forces influencing the business decisions they can be the forces of economic social political the technological factors these factors are outside the control of the business the business can do little to change them
Answer:
Increase the amount of the initial investment by $12,000 (C)
Explanation:
Option A- False. It is not a sunk cost but a relevant cost because it has a disposal value and there is market for the sale.
Option B-False. The NPV of the project will be reduced by $12,000 because it is a relevant cost and the disposal value will reduce the NPV of the project .
Option C- True. Because truck could have been sold for $12,000 if not use in the project, the disposable value will have to be added to the initial cost of the investment.