The nominal value takes into account the number that is actually announced at a time, while the <u>real value </u>refers to the statistic after it has been adjusted for inflation.
<h3>What do you mean by real value in economics?</h3>
A real value of an item, additionally referred to as its relative price, is its nominal price adjusted for inflation and measures that price in phrases of every other item.
Real values are extra vital than nominal values for monetary measures, along with the gross domestic product (GDP) and private incomes.
Thus, <u>Real value </u>refers to the statistic after it has been adjusted for inflation.
Learn more about Real Value in economics here:
brainly.com/question/14313574
#SPJ4
I believe the answer is:
National Security Council,
Office of Policy Development,
Office of Management and Budget,
Council of Economic Advisors
<span>White House Office.
</span>
The executive office do not has the right to create the type of legislation that should be imposed within the government (because the control was given to the legislative office) . But, they have the full right in term of the legislation's implementation process.
Answer:
$68,000
Explanation:
Deprecation is a method used in expensing the cost of an asset.
Straight line depreciation expense = ( Cost of asset - Salvage value) / useful life
( $110,000 - $8,000) / 6 = $17,000
Each year, the depreciation expense is $17,000.
at the end of the fourth year, deprecation expense = $17000 × 4 = $68,000
I hope my answer helps you
Answer:
free rider
true
true
Explanation:
The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.
Downtown abbey can be classified as a public good, if it is made a private good, the problem would be solved
A public good is a good that is non excludable and non rivalrous.
A private good is a good that is excludable and rivalrous. They are usually exchanged in the market by private sector businesses. It
Answer: Having creative thinking can, Increase engagement and improve your abilities within the workplace.
Explanation: