Answer:
nominal, real, & the classical dichotomy
Explanation:
A nominal variable is a value whose values are non-numeric for example gender. It is calculated based on the current – year prices.
In other words, nominal value is calculated in monetary terms, whereas real value is measured on the basis of goods or services
A real variable is a variable whose values are numeric. It is measured based on the currency of the base year.
The distinction between real variables and nominal variables is known as <u>nominal, real, & the classical dichotomy</u>.
The Classical Dichotomy is based on the assumption that states that in the long run, the nominal economy and the real economy are completely separated from each other. In the long run, nominal prices have no impacts on real variables.
The correct answer is A because you are going to split the workers up in what type of work they do.
<span>Hope I helped</span>
Answer:
protection
Explanation:
to keep food safe and protected from any damage or outside influences.
Ummmm I really don’t know but I have to answer a question to ask one
Answer:
The project cost is a cost required to procure all the needed products, services and resources to deliver the project successfully.
Explanation:
Analogous estimation: involves comparing a past similar project to your current project and the use of analogy to estimate cost.
Parametric Estimation: This estimation uses the historical data based on the real data and saves lots of time to calculate the cost estimation.
Bottom-up approach: also called definitive technique breaks up all activities of the project to the micro level in order to conduct comprehensive cost estimation.
The issues in project cost estimation include cost overruns, inefficiencies and project surprise. To effectively mitigated them, Bottom-up approach should be applied. It is an expensive but very reliable method.
