Answer:
Option A Nominal GDP for a given year is measured in dollars of that year, whereas real GDP is measured in dollars of some based year
Explanation:
The reason is that the nominal GDP includes the affects of inflation of the year whereas Real GDP is inflation excluded amount which means its tells GDP in terms of base year prices. The difference between the nominal GDP and the real GDP is because of inflation which is the only additional thing in the nominal GDP. So the best answer here which gives this explanation is option A.
Answer: Option (c) is correct.
Explanation:
Correct Option: The corporate tax rate increases.
If there is an increase in the corporate tax rate then this will induce the firms to increase the amount of their debt. This is due to the fact that the firms with more debt are going to pay less tax because of the large interest expense. Due to large interest expenses, their income before tax reduces.
Hence, large corporate taxes encourage firms to increase the amount of debt. Therefore, the firms with no debt pays higher taxes than the firms with higher amount of debt.
Answer:
The correct answer is c increase; remain the same.
Explanation:
Regardless of the motor market, in the technological world, audiovisual, sound and appliances, the Japanese country has evolved to become a huge world power sweeping the rest of the brands and filling all the sales lists. In addition, companies such as Toyota were gradually entering the forefront of the most Americanized and most popular vehicles in the United States. In 2007, the company displaced General Motors for the first time in the top of sales.
