Answer: nominal GDP divided by real GDP
Explanation:
The gross domestic price index is also referred to as the gross domestic price deflator and it is used to measure the level of prices new goods and services that are domestically produced in an economy taken into consideration of inflation or deflation.
The gross domestic price index or the gross domestic price deflator is calculated as the nominal GDP divided by the real GDP.
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Answer:
Arbitration
Explanation:
Arbitration is a dispute resolution mechanism where two or more conflicting parties seek the services of an independent third party to resolve the dispute. Arbitration can be described as a private judicial process whereby the arbitrator acts at the judge. The arbitration process may be determined by a single individual or a tribunal consisting of several arbitrators.
In arbitration, the disputing parties agree on how the conflict will be resolved. Each party is given time to argue their case and present their evidence. Arbitrators are expected to be fair and impartial. They should be knowledgeable about issues of law or experts in the field of the conflicting parties. Arbitration is faster and less expensive compared to the court process. The decision of the arbitrator is usually legally binding.
Answer:
They receive goods or services from someone within the organization.
Explanation:
Internal customers works within an organisation to carry out their transaction
<span>High paid workers are reluctant to shrink because the unemployment rate is very high so if you leave your position you may not find another that is equally as good or better. That is why high paid workers do not shrink.</span>