Answer: b. market or money value of all final goods and services produced by the economy in a given year, whereas real GOP is adjusted for inflation
Explanation:
Nominal GDP for a given year refers to the final value of all goods and services in the country using the current year prices.
Real GDP however, makes it easier to compare the nominal GDP to past GDPs because it removes the effects of inflation by using prices from a base year to calculate GDP. This way it can be seen if the economy actually grew.
It should be not allowed as that can cause a lot of conflict
The Industrial Revolution was characterized by the increased emphasis on production which resulted to a longer hours and less job security for most workers.
<h3>What is an
Industrial Revolution?</h3>
This was a period that experienced a rapid development of industry because of the introduction of machinery.
The Industrial Revolution was characterized by use of steam power, growth of factories, mass production etc
Therefore, the Option A is correct.
Missing options "A. increased emphasis on production, resulting in longer hours and less job security for most workers.
B. migration of manufacturing jobs from the Midwest and Northeast to the South as firms began locating in areas where labor costs were lower.
C. rapid improvement in the wages and working conditions of most workers, resulting in a decline in the need for labor unions.
D. movement away from scientific management, and a greater acceptance of the ideas of Herzberg and Maslow."
Read more about Industrial Revolution
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Answer: Finance
Explanation:
The functional area that will be responsible for securing the necessary funding for the expansion is the finance department.
The finance department refers to the department in an organization which is responsible for funds acquisition, funds management and planning for the expenditures on assets.
Since the company is expanding operations by building another facility in Canada, the finance department will provide the funds.
Answer:
The correct answer is letter "C": competitive barrier.
Explanation:
Competitive barriers represent obstacles for a business to start operations based on what other companies are already providing to the market. The settled companies -competitors- tend to have a preference and market share obtained through years of operations which is a threat for a new company that is looking for attracting consumers.