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Maru [420]
3 years ago
5

Real GDP is the value of the _____ goods and services produced in a given year expressed in terms of the prices in _____ year. N

ominal GDP is the value of the _____ goods and services produced in a given year expressed in terms of the prices of _____ year.
Business
1 answer:
exis [7]3 years ago
6 0

Answer:

The correct answer is final; a base; final; that same.

Explanation:

Real GDP refers to the value of all the production of a country at constant prices, that is, that the variations in prices that occur over time, due to inflation, supply, demand, etc. are not taken into account. . This allows comparisons between the products and services produced by a country, isolated from the price differences that can occur in different periods, which allows us to see how much the economy really grows.

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Answer: None of these descriptions is accurate for Erik as he does not care about the level of risk involved and is indifferent to all the investment options and their risks.

Devin is risk averse as he decides to choose the safest option which is keeping the money as cash for one year.

Explanation:

5 0
3 years ago
Explain the definition of Human Resources Management
Arlecino [84]

Answer:

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Explanation:

The Oppoturnity to employ Workers and to make sure their comfortable

5 0
3 years ago
Your opportunity cost of taking this course is: a. the net benefit of taking this course. b. the net benefit of the activity you
umka21 [38]

Answer:

Correct option is B.

The net benefit of the activity you would have chosen if you had not taken the course

Explanation:

Your opportunity cost of taking this course is <u>the net benefit of the activity you would have chosen if you had not taken the course </u>

Opportunity cost is what you must sacrifice when you choose an activity. By taking this course, you are sacrificing the benefit you could have obtained from the activity you would have chosen if you had not taken the course.

5 0
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If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one
Westkost [7]

Answer:

560

Explanation:

Thats your answer.

8 0
3 years ago
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