Answer:
c. Nominal incomes are determined by nominal factors; they are not affected by real factors.
Explanation:
Real value is nominal value adjusted for inflation. The real value is obtained by removing the effect of price level changes from the nominal value of time-series data, so as to obtain a truer picture of economic trends. The nominal value of time-series data such as gross domestic product and incomes is adjusted by a deflator to derive their real values.
The nominal values of something are its money values in different years. Real values adjust for differences in the price level in those years. For a series of nominal values in successive years, different values could be because of differences in the price level. But nominal values do not specify how much of the difference is from changes in the price level. Real values remove this ambiguity. Real values convert the nominal values as if prices were constant in each year of the series. Any differences in real values are then attributed to differences in quantities of the bundle or differences in the amount of goods that the money incomes could buy in each year.
The British wanted to control South Africa because it was one of the trade routes to India
They preformed gratefully under his leadership rights. <span />
Answer:
Concrete operational stage
Explanation:
The concrete operational stage is the third stage of Piaget's theory of cognitive development, predating the formal operational stage (12 and above) and arriving after the preoperational stage (2-7 years old). During this stage, children are able to make logical conclusions in terms of the things they can experience with their senses. Some examples would be noticing that rain comes down from the sky, which is a form of inductive thinking.
However, children at this age group are not yet able to think in a more abstract manner - which is why their deductive thinking abilities are not yet as well-refined as its inductive thinking ones.
Answer:
Atkinson-Shiffrin model
Explanation:
The multi store model of memory which is called the modular model was proposed by Atkinson and Shiffrin and is a basic model. They recommended that memory comprised of three stores: a tangible register, momentary memory (STM) and long haul memory
The Atkinson–Shiffrin model which is otherwise called the multi-store model or modular model is a model of memory proposed in 1968 by Richard Atkinson and Richard Shiffrin a transient store, likewise called working memory or momentary memory, which gets and holds contribution from both the tangible register and the long haul store,
