Answer:
The correct answer is: expressed in the prices of a base year.
Explanation:
Real GDP is an inflation-adjusted measure to calculate changes in economic output. It calculates the value of final goods and services produced in an economy in a year expressed in the prices of a base year.
Real GDP does not include changes in the price of products as it is calculated at constant prices.
Nominal GDP, on the other hand, is calculated on the basis of current prices. It includes changes in prices and is not inflation-adjusted. That is why real GDP is preferred over nominal GDP.
Does not reflect the marketing condition in the new products projected market area is the greatest danger to McDonald's is in choosing a test-site city.
<h3>What market area means?</h3>
A market area is a surface that displays the demand or supply for a specific item. It covers the locations where a factory's products are sent, while it is the tributary area from which a retail store pulls its clients.
Different areas of marketing are Digital marketing, Content marketing, Social media marketing, Visual marketing, Search engine marketing, Influencer marketing.
Thus, it does not reflect the condition of new project.
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An automatic reinvestment plan is a service offered by mutual funds that helps an investor earn compound interest on their investments
Mutual fund pools assets from shareholders to invest in securities like stocks, bonds, money market instruments, and other assets. they give access to individual or small investors to professionally manage portfolios of bonds, equities, and other securities.
They provide a service called an automatic reinvestment plan, in which they reinvest the investment gains back into an investor's portfolio rather than paying them out as distributions. the benefit of an Automatic reinvestment plan is of getting compound interest, It different from another service they provide which is an automatic investment plan, which just allows the investors to contribute money to an investment account on a regular interval and to invest in a pre-set portfolio.
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Price of bread increases. if peanut-butter is a complement, we would expect to see caramel's quantity demand decrease.
The amount of bread demanded will decline as bread prices rise. The cost of bread will rise in tandem with the rise in demand. Keep in mind that peanut butter and jelly go well together.
Even though the price of jelly remained the same, we are eating less jelly because we are eating less peanut butter. Jelly's popularity declines (jelly demand curve shifts inward).
For peanut butter, the income elasticity is -3. According to this, peanut butter is a subpar product. Any good with a negative income elasticity is subpar because you consume less of it as income levels rise. The amount supplied will eventually reach zero.
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no entendi nadita pero que larga tu prwgunta
