Nominal GDP is a good snapshot of the current value of production in an economy but it cannot be used to make comparisons over time because prices change.
Nominal GDP is an indicator used to understand a country's economy. It measures the current value of production of a country. But it cannot be considered as a good measure. One important drawback of Nominal GDP is that it cannot be used to make comparisons of production prices over time because it doesn't take inflation into account.
Nominal GDP works only with current prices and the price changes will not be seen when calculated through years.
So Real GDP is considered for comparisons of product prices over time.
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Answer:
a. Retailer
Explanation:
Retailer is "a business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business
"
Reference: WebFinance. “Read the Full Definition.” BusinessDictionary.com, 2019
Answer: Option B
Explanation: In the given case, Remfur inc. specifically wanted their HR Ryan to recruit such employees for the new division that may bought new ideas and perspectives in the company, thus, external source of recruitment should be used by Ryan instead of internal sources like transfer or promotion etc.
Hence, Option B, posting advertisement in the newspaper is the right answer, as the new employees from outside the entity will bring new ideas since the current employees will be used to working in the existing operational structure.
The answer is right, if not are there choices
Answer: (4) Requirement analysis
Explanation:
The requirement analysis is one of the process of determine the actual user expectation for building the new product with the help of new modifications.
The requirement analysis is one of the phrases of SDLC (Software development life cycle). The requirement analysis is also known as requirement engineering.
According to the question, the requirement analysis is one of the software development life cycle phase in which the information system are produced by using the report according to the organization quality.
Therefore, Option (4) is correct.