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:
b. an extended illustration
Explanation:
Based on the scenario being described within the question it can be said that in his speech James seems to have used an extended illustration. This is material that is long and detailed and vividly describe something, while at the same time making the text it is supporting emotionally compelling. Which is what James has done by sharing the emotional story of his car accident.
The nation's intense reaction to the Dred Scott decision<span> not only had an ... Sandford, it is important to first detail the life </span>Dred Scott<span> and his family </span>led<span> .... on the side of freedom, let the </span>next President<span> be a Republican, and </span>1860<span> will ... that the </span>ruling<span> meant "Congress has no power </span>over Slavery<span> in the Territories but to support it.
</span>
