Answer: Real GDP takes into consideration adjustments for changes in inflation. ... The main difference between nominal GDP and real GDP is the adjustment for inflation
Explanation:
 
        
             
        
        
        
Answer:
its a formula, however long the machine is running the manufacturing rate will be higher thus increasing their income
Explanation:
 
        
             
        
        
        
Elected governance officials and appointed governance officials
        
             
        
        
        
Answer:
The correct answer is option D. 
Explanation:
Academic book publishers hire editors, designers, and production and marketing managers who help prepare books for publication. 
These employees work on several books simultaneously so a change in quantity demanded of books published in a year. 
Since the number of people employed is fixed and does not change with the quantity of output. The cost incurred on these workers will be fixed cost. So the salaries and benefits of people in these people will be included in fixed costs and total costs. But since it does not change with change in the output it will not be included in variable costs. 
 
        
             
        
        
        
Answer:
The factor market
Explanation:
The factor market refers to buying and selling of factors of production. Factors of production are land, labor, capital, entrepreneurship. Prices of factors of production are determined by interaction of supply and demand forces. By Dave offering his labor, he receives wages as a reward for the factor of production he provides i.e. labor.