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Ivanshal [37]
3 years ago
5

Why would an economist use real GDP rather than nominal GDP to measure growth?

Social Studies
1 answer:
Leviafan [203]3 years ago
3 0

The correct answer is Real GDP reflects output more accurately than nominal GDP by using constant prices.

Gross domestic product (GDP) represents the sum (in monetary values) of all final goods and services produced in a given region (whether countries, states or cities) over a given period (month, quarter, year). GDP is one of the most widely used indicators in macroeconomics to quantify the economic activity of a region.

In the GDP count, only final goods and services are considered, excluding all intermediate consumer goods from the account. This is done to avoid the double counting problem, when values ​​generated in the production chain are counted twice in the sum of GDP.

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Answer: Mihaly Csikszentmihalyi would describe these moments for Charlene as her undergoing the "Psychological Process of Flow"

Explanation: Mihaly Csikszentmihalyi is a psycologist from Hungary that identified and formed the Concept of Flow also referred to as being "in the zone"

According to the concept, a person carrying out an activity becomes fully engrossed and focused in that activity that he or she begins to enjoy it and gain fulfillment from it.

The activity referred to here is usually one with a set goal and feedback on the person's performance.

Here, the Flow Concept describes Charlene feeling because;

1. She has a set goal (training for Iron Man triathlon) and

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3 years ago
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What are two reasons that the nobles resisted the development of industry in Russia?
Gemiola [76]
Communists did not want the people to be able to gain more money than they allowed and the nobles wanted to make sure nobody moved up in their caste system
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3 years ago
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Can you think of another social program that you would like to see provided for you?
Delvig [45]
What subject is this ?
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Jerome, a 54-year-old male, has been found living on a small farm in the Mid-west, nearly 800 miles from his apartment in New Yo
Vinil7 [7]

Answer: Dissociative fugue

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It is a rare disorder.

Jerome's inability to remember the life he lived a certain time is referred to Dissociative fugue

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4. Strategies for promoting generalization of tacts include:
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Explanation: Please mark as brainliest! :)

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