If real GDP falls from one period to another, we can conclude that:
<u>deflation occurred.</u>
Real GDP adjusts the level of output for any potential price adjustments that may have occurred over time; nominal GDP adjusts the level of output for changes in the price level using prices from a base year (constant prices) rather than the "current prices" used in nominal GDP.
The GDP deflator is a price index that tracks the average prices of all finished products and services produced inside a country's boundaries over time. It is used to adjust nominal GDP to determine real GDP.
So when the real GDP falls it can be concluded that deflation has occurred in the economy that is fall in prices .
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Answer:
B 50 1 x 106
Explanation:
The largest Island and the one that is closest to the mainland would mean that such Island would have more biodiversity. 50 km from the mainland is a considerably close distance and the largest with 1*10^6 hectares represents a huge area that would allow for more biodiversity.
Answer:
The history of the Roman Empire can be divided into three distinct periods: The Period of Kings (625-510 BC), Republican Rome (510-31 BC), and Imperial Rome (31 BC – AD 476).
Explanation:
By having three separate, independent branches of government (the executive, legislative and judicial) a society has a "balance of power" which means that no one branch can have too much power and become tyrannical. Therefore each of the three branches is compromising.
The answer is Predispose social workers to underestimate the strengths of clients
Explanation: The various types of disabilities observed are related to the situation of the injured and the biological changes suffered by the individual and their respective specific needs.