Answer:
D. The change in real GDP cannot be determined without more information.
Explanation:
GDP is the total value (P X Q) of final goods & services produced in an economy during a period of time.
Real GDP is measured at constant base year price level, such that it reflects change only due to quantity & not price rise (inflation).
Nominal GDP is measured at current year price level, it reflects change due to both quantity & price rise (inflation).
Nominal GDP / Real GDP = GDP Deflator. It measures the average price level change in current period relative to base period, helps eliminating price change effect & converting Nominal GDP into Real GDP .
Cannedada: 2018 Nominal GDP = $4 Billion, 2019 Nominal GDP = $5 Billion
Nominal GDP has increased between 2008 & 2009. Production rise between 2008, 2009 cant be found without 2009 Real GDP. Average price level rise between 2008 & 2009 cant be found without 2009 Real GDP (through GDP deflator).
Based on the scenario above, it illustrates structural. The
structural unemployment happens when an individual’s cause of being unemployed
was because of the reason that the skills that the individual has is not
matched or paired up with the economy in which it offers.
Answer:
False
Explanation:
Theory Z of motivation tries to blend the Japanese and American management practices. It is seen as an advancement of theory X and theory Y motivation theories.
Theory Z emphasizes the need for employees to become generalists rather than specialists. It encourages employers to practice job rotations and continuous training to empower employees. As a result, employees will develop a variety of abilities and skills, which is beneficial to both the worker and the company.
The answer to this question is Industry analysis
Industry analysis refers to the anlysis that being done by a certain company in order to understand the position of that company in the market compared to other competitors. The result of this analysis will be used to formulate a plan that will be used by the company in the future in order to beat the competitors.
