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Lynna [10]
3 years ago
15

You are hired as an economist to find out if the Gross Domestic Product (GDP) in 2011 was more than the GDP in 2010. In 1 or 2 s

entences, explain which measurement you would use: nominal GDP or real GDP.
Social Studies
1 answer:
Luden [163]3 years ago
4 0
I would use Real GDP since it is used to measure inflation or changes in price levels providing an accurate figure of economic growth over a specific period of time.
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Describe and discuss Maslow's hierarchy of needs including the types of needs and how they become dominant.
liraira [26]

Answer:

Maslows Hierarchy of Needs

Explanation:

Maslow's Hierarchy of needs categorises needs from basic to evolved needs, & states that individual goes from satsifying basic needs to seeking for advanced needs.

  • Basic Needs : Physiological (Food, Water) & Safety (Shelter, security) needs
  • Psychological Needs : Belongingness (love, friendship) & Self Esteem (prestige, accomplishment) needs
  • Self Fulfillment Needs : Self Actualisation (Achieving full potential) needs

6 0
3 years ago
Public goods, like national defense, are usually funded through government because:________
antoniya [11.8K]

Due to the difficulty of denying national security to someone unwilling to pay for it, public goods like national defense are often supported by the government.

Why is it that government funding is typically used to support public goods like the national defense?

National Defense is one of the examples of the public good. If one individual in a particular location is protected against an attack or invasion by a foreign power, other people there are probably similarly protected. Due to the difficulty in charging for defense as a result, it suffers from the well-known free-rider issue. In fact, practically all economists are of the opinion that government action and taxation are the only ways to finance adequate defense.

Learn more about the Public Goods: brainly.com/question/24825090

#SPJ4

5 0
2 years ago
A group which dominates the drug trade of specific products or services known as a
Phantasy [73]

A group which dominates the drug trade of specific products or services is known as a Drug Cartel.

Cartel is for any organization or group that can produce and control sales or distribution of specific products/services and competitors in some region. A Drug Cartel is an illicit organization that control trading of drugs.

7 0
3 years ago
Read 2 more answers
Giving state governments greater discretion in deciding how to achieve the specific goals of welfare reform is an example of____
Marrrta [24]

Answer:

Devolution

Explanation:

Devolution refers to the shifting of statutory power from the central government to the local government. The purpose behind shifting the power and funding is to make ensure that the welfare program must be done close to the people who are going to get benefit from it. The main function behind the devolution is to exercise the democratic style of leadership and to give authority to people for self-governance

7 0
3 years ago
Map of the United States shows a highlighted area encompassing much of the southwestern United States, particularly along the Ro
777dan777 [17]

Answer:

B

Drought, because the ecosystem is very dry

Explanation:

The desert lacks rainfall and plaint growth. The desert is located in the southwest united states.

4 0
3 years ago
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