The Virginia plan was proposed to be a bicameral congress. It was suppose to be arranged by population of the state. This is basically the House of Representatives.
Answer:
Option b=> three times the annual cost of a thrifty food budget for an urban family of four.
Explanation:
In the United States of America or any country in the world, there is a need for the government to know the poverty line of citizens in the country so as to know how to prepare or create something to reduce the rate of poverty in the country.
The term "poverty line'' is also referred to as poverty threshold. The poverty line shows the point or level of income that one has to have in order to cater for their need because people that falls below the
poverty line find it difficult to cater for their needs.
"The poverty line is defined as three times the annual cost of a thrifty food budget for an urban family of four.''
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 .
To learn more about deflation click here :
brainly.com/question/11634015
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A tourism region<span> is a geographical </span>region<span> that has been designated by a governmental organization or </span>tourism<span> bureau as having common cultural or environmental characteristics.
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