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 .
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Answer: Psychoanalysis.
Explanation:
Sigmund Freud (1856 – 1939) was the founder of the Psychoanalytic approach, which examines unconscious impulses to explain human behavior. Freud maintained that the mind had both conscious and unconscious thoughts, developed based on psychic forces, and trauma could be cured by transforming unconscious thoughts and motivations into conscious ideas, therefore providing insight.
Answer: Purpose of the sugar law
Explanation: The goal of this law was threefold. First, the British realized that smuggling was almost endemic and that the rule of law was being undermined by illegal trade. Secondly, to protect British Commerce by introducing new trade restrictions after established navigation acts. Three, the war of the French Indians had taken a toll on British finance and the Americans had to pay for their own protection. With these goals on mind, the sugar law was designed to bring down colonial trade with countries other than Britain, especially France and Spain with colonies in the west Indies while increasing revenue to pay British debt.
The average time would prob. be 6:00
Answer:
false
Explanation:
science is based on facts, things that can be proven and shown, not preference
