Answer:
The correct answer is option B.
Explanation:
Long-run economic growth is measured in the US using real GDP per capita. It can also be called real GDP per person. Instead of nominal GDP, real GDP is used as it is an inflation-adjusted measure. It measures the change in economic output.
The trend in the real GDP per capita has been strongly upwards except for some short term fluctuations because of business cycles.
Answer:a social trap
Explanation:
According to social sciences, a social trap occurs when an individual or a small group of people take or follow a personal solution or short term goal that looks innocent but is likely to yield long term consequences that will affect a large number of people.
Marcus thinks that watering his lawn won't take much water hence no one will suffer but I'm reality every drop of water counts hence in a long run this may impact Marcus's neighborhood.
Answer:
- Extension.
Explanation:
'Product extension' is illustrated as the company's strategy that involves the use of a presently existing established brand name to introduce a new product with slight variations in the similar product category. Such strategies assist the companies to increase their profit margins by offering a wide variety of products as the familiar brand's goodwill works for it to increases the sales effectively.
In the given question, the introduction of 'innovative products as televisions' by Sony that offers a variation in the established brand name of Sony in 'color television' would surely promote the increased sales and profits for the company. Such a strategy is categorized as 'product extension' that involves the extension of the similar product range.
Answer:
The sociological significance is that the classification into dominant and minority groups allows the sociology to have an insight into the power relations that configurate the particular society he or she is studying. Besides, it is well known in sociology that aspects like class, power, and the economy are some of the most important to understand any society from an academic point of view.
