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Svetach [21]
3 years ago
8

If real GDP declines in a given year, nominal GDP _____. rev: 04_09_2018 Multiple Choice must also be increasing may either rise

or fall must also be declining is likely to remain constant
Business
1 answer:
soldier1979 [14.2K]3 years ago
7 0

Answer: May either rise or fall

Explanation:

The differnce between the Real GDP and the Nominal GDP is inflation. Whereas Nominal GDP is calculated with the current prices, Real GDP uses the prices from a base year so as to negate the effects of inflation.

If Real GDP declines in a given year therefore, nominal GDP could rise if the inflation is high enough to make it seem as though the country is producing more goods and services even if this is not the case.

However, Nominal GDP could also fall if the economy is simply contracting with a low inflation rate and this was the reason that the Real GDP fell as well.

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8 0
3 years ago
In this market research step, the data are compiled, studied, and interpreted:
Nuetrik [128]

Answer:

Data Preparation/Assembling Analysis

Explanation:

In the data analysis step of Market Research, the data collected in the research are put together, arranged in an organized form, put through detailed review, properly verified by an valid process, interpreted and expounded

In the preparation and analysis step, the data is formatted by editing, coding, transcription and verification to enable accurate analysis of the collected information. Data validation process is put in place to ensure that the proper data that quantifies the desired metrics are obtained.

The process of data preparation and analysis enables the decision making process by promoting the process of suggesting conclusions, whereby useful information is highlighted by the modelling, transformation, cleaning, and inspection data analysis processes

4 0
2 years ago
Examine the equal opportunity laws of another country, not the United States. Are the laws in other countries as much a concern
ira [324]

Answer:

The equal opportunity laws of another country, not the United States is discussed below in details.

Explanation:

An equal opportunity system is a certificate that declares what measures a company takes to eliminate and stop discrimination in the workplace.

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The prime legislation is the Equality Act 2010, which condemns discrimination in passage to education, government services, private services, and goods, or assumptions in addition to employment.

5 0
3 years ago
How do businesses and the society benefit from marketing?
Verdich [7]

Answer:

Marketing stimulates a competitive economy, promotes products and services, and targets consumers who are most likely to become purchasers. Higher sales for a company that employs effective marketing strategies translate into expansion, job creation, higher government tax revenue, and eventually, overall growth.

HAVE A GOOD DAY!

5 0
3 years ago
A manager utilizing managment by obejective to motive her emplyees would focus on?
omeli [17]

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She can give awards to employees who achieve goals to motivate employees. Management by objective is a strategic management approach which involves planning, defining, revising, setting, evaluating and tracking of company's objective through motivating employees by setting their individuals's goals to achieve larger goals.

Read more about Management by objective on brainly:-

brainly.com/question/28144882

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6 0
1 year ago
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