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
#SPJ4
GDP mean gross domestic products so in simpler terms it means what you sell as a product, so if your GDP is high and you are economically stable your most likely a developed country that has a good economy ( so answer A )
Answer:
Scots-Irish
Explanation:
Scotch-Irish or Scots-Irish may refer to: The Ulster Scots people, an ethnic group in Ulster, Ireland, who trace their roots to settlers from Scotland. Scotch-Irish Americans, descendants of Ulster Scots who first migrated to America in large numbers in the 18th and 19th centuries.
<span>This is a prompt about aspirations. It is also a prompt with endless potential for invention and imagination. You can take it in so many different directions. Think about it, your goals for the future can branch out to so many different areas of your life — professional, academic, social and more.</span>
Hot because if you lick cold you are not that good you will have a cold so that's why I pick hot.
