An economy maintains a small rate of growth for a long period of time, then the size of the economy: can increase by a large amount.
The real gross domestic product is employed to calculate it (GDP). long growth is delineated as an economy's ability to make additional products and services over time
There are 3 main factors that drive the economic process, Accumulation of capital stock will increase parturient inputs, like employees or hours, worked, and Technological advancement.
Physical capital, human capital, labor, and technology area unit all typically want to model growth in social science. Increasing the quantity or quality of working-age folks, the tools they need at their disposal, and therefore the recipes they need for combining labor, capital, and raw materials can end in higher economic output.
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I believe the answer is D!
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I guess the correct answer is Age Discrimination in Employment Act of 1967.
Joni has been a secretary with her firm for nearly 30 years. She always receives excellent performance evaluations and eagerly learns new technology. Her boss has been urging her to get a facelift or retire, saying he wants a 'young feel' to the office.
The law that protects her from this treatment is Age Discrimination in Employment Act of 1967.
The Age Discrimination in Employment Act of 1967 (ADEA) protects applicants and employees older than 40 year of age from discrimination in hiring, promotion, discharge, compensation, or terms, conditions or privileges of employment.
Answer:
20%
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has
Real GDP in 2015 = ( $2 x 250) + ($3 x 300) + ($4 x 400) = $3000
Real GDP in 2016 = ( $2 x 200) + ($3 x 400) + ($4 x 500) = $3600
Growth rate in real GDP = $3600 / $3000 - 1 = 0.2 = 20%
