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IgorC [24]
4 years ago
11

Nominal gdp is calculated using unchanging prices. a. True b. False

Social Studies
1 answer:
Licemer1 [7]4 years ago
5 0
The answer is b. False.  
Nominal GDP is the value of goods and services produced in the economy when price changes are taken into account. It is thus not a measure of the absolute quantity of goods and services, but also of both the quantity and the price level. This is in contrast with real GDP, which denominates the value of goods and services after accounting for inflation.
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How could labor unions get better wages for southern workers?
AURORKA [14]
Labor Union were formed by workers in order to fight against unfair workplace conditions. One way that labor unions could provide better wages for Southern Workers is through labor strikes. The idea is that a group is better than one person. If one person goes to the boss and demands a raise it is highly likely that they will be fired. But if multiple people all go the boss and demand a raise they will mostly likely get it do the strength in numbers. If the workers go on strike then the boss will have to higher new workers to replace them or give in to the demands of the workers for higher wages.
5 0
3 years ago
According to wallerstein (1982, 2004), what are the three structural positions of the modern world system?
Leto [7]

According to Wallerstein, there are three categories into which the world's countries might be divided: core, periphery, and semiperiphery.

<h3>Why is the modern world system an important theory?</h3>

The World-Systems Theory can be helpful in understanding world history as well as the core countries' motivations for imperialization and other involvements, such as the US assistance after natural disasters in emerging Central American countries or imposing regimes on other core states.

<h3>What does Wallerstein define as the contemporary world-system?</h3>

A world-system is a social framework that must maintain coherence and has boundaries, hierarchical organizational structures, component member groups, and constituent member groups. Its opposing forces give it life; they cause it to fall apart as each faction fights tenaciously to remodel it to their favor while still keeping it together through tension.

Learn more about World-Systems Theory: brainly.com/question/9945178

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3 0
2 years ago
The World Trade Organization:
Artyom0805 [142]

Answer:

arranges trade agreements and settles disputes between its 150 member nations.                    

Explanation:

In simple words, The World Trade Organisation refers to an intergovernmental body dealing with foreign trade control between countries. It is also the world's biggest multinational business organisation.                      

World trade has risen exponentially over the last 70 years. Export markets of products have risen by an amount of 6 per cent per year. This increase in commerce has become a strong driver for general economic development and has expanded on average by 1.5 points more then the world economy every year.

The WTO mechanism for settling territorial disputes underneath the Dispute resolution Agreement is essential for upholding the regulations and, ultimately, guaranteeing that exchange flows naturally. Government agencies refer conflicts to the WTO when they believe they are violating their freedoms throughout WTO negotiations.

7 0
4 years ago
In the sociology of tourism, we seek to understand the impact of tourism on society, social institutions, and social relationshi
babunello [35]

Answer:

Explanation:

i think is E

3 0
3 years ago
Demand is the ___ and _____ to buy a given good or service
masya89 [10]

Answer:

Desire, ability.

Explanation:

Not only do people need to want to buy the good or service, they must also be able to purchase it. With one of these missing, there will be less demand.

7 0
3 years ago
Read 2 more answers
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