3 years ago

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

1 answer:

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.

You might be interested in

During a period of _____, real GDP per capita can increase. economic downturn economic growth population explosion.

IgorLugansk [536]

Economic growth is the answer i believe.

5 0

4 years ago

Read 2 more answers

Situation Carl is a junior in college. Over the last 12 months, he has spent his weekends drinking alcohol and playing poker. He

Angelina_Jolie [31]

Just because you stalk carl and make a fanfiction about him helps me conclude it is A

8 0

3 years ago

Jason's mother has recently undergone testing by a doctor specializing in memory. the results of her tests indicate that her enc

kumpel [21]

I believe the answer is: retrieving

In this context, retrieving refers to the process of acquiring the memory that has been previously stored inside our brain.
Malfunction in retrieving process would caused an individual to unable to remember necessary information in their head even though the feel as if their memory is operating normally.

5 0

4 years ago

Which of the following was not an Enlightenment concept that spread to the American colonies? A. Government officials can take a

Tems11 [23]

Answer:

Explanation:

Freedom of speech would be taken away

3 0

3 years ago

Read 2 more answers

Oliver was tried for murder and presented an insanity defense. The jury found Oliver not guilty by reason of insanity on the gro

Anit [1.1K]

Answer:

The correct answer is letter "B": irresistible impulse.

Explanation:

The tests of Irresistible Impulse are conducted in court cases to rule out the existence of mental illness and that the illness caused the inability of the defendant to control his or her actions under the law. The tests require medical examination and support from professionals specialized in health conditions stating the behavior of the defendant was regular due to his or her impairment and certain events provoking it.

6 0

3 years ago