Yes its all correct good job
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:
personality
Explanation:
Personality consists of stable psychological traits and behavioral attributes that give a person his or her identity.
The Red Scare which was basically another Cold War threat although it never fully escalated.