Answer:
The correct answer is option A.
Explanation:
Nominal GDP is the measure of economic growth which calculates the change in output on the basis of the current price. It is not inflation-adjusted measure and is affected by changes in the price level.
Real GDP on the other hand, measures the change in economic output on the basis of constant price. It is an inflation-adjusted measure to calculate economic growth.
That is why, real GDP is preferred, because nominal GDP may overestimate or underestimate the change in output.
Answer:
Well there are plenty of ways to obtain land in texas but a large portion can be associated with the republic or texas.
Port cities of the middle colonies became bustling community centers because trade was very important and happened there. Many of the merchants lived in Philadelphia or New York City.
Answer:
C. The air at Monterey is COLDER than Virginia Beach. At Monterey, energy is transferred from the air to the ocean. At Virginia Beach, energy is transferred from the ocean to the air.
Explanation:
