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Damm [24]
3 years ago
12

If inflation is 6% and nominal gdp grew by 4% then during the same real period real gdp changed by

Social Studies
2 answers:
Alja [10]3 years ago
8 0

During the same period real GDP changed by decreasing 2%.

Jobisdone [24]3 years ago
6 0

if inflation is 6% and nominal gdp grew by 4% then during the same real period real gdp changed by

-2%

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Who was the first African American to be commissioner of labor in 1998
irina1246 [14]
Alexis Margaret Herman (born July 16, 1947) is an American politician who served as the 23rd U.S. Secretary of Labor under President Bill Clinton. Herman was the first African-American to hold the position.
7 0
4 years ago
You are at Memorial Stadium for a football game. Unfortunately, there are many empty seats because your team isn’t very good and
Elodia [21]

Answer: your question is not complete.

I will assume this is the complete question.

You are at Memorial Stadium for a football game. Unfortunately, there are many empty seats because your team isnt very good and neither is its opponent. As you watch the game you are eating a hot dog. Which of the following is a correct statement?

A. Both the hot dog and the game are private goods.

B. Both are public goods.

C. The hot dog is a private good and the game is a common pool resource.

D. The hot dog is a private good and the game is a toll good.

THE ANSWER IS D.

THE HOT DOG IS A PRIVATE GOODS AND THE GAME IS A TOLL GOODS.

Explanation:

A private goods is when the feasibility of exclusion is easy and consumption is subtractive. That is when you own a goods, which only you have access to the benefit of the goods. THIS MAKES THE HOT DOG A PRIVATE GOODS BECAUSE ONLY HIM HAS ACCESS TO THE BENEFIT OF SATISFACTION BEEN DERIVED FROM THE HOT DOG HE WAS EATING.

A toll goods is when the feasibility of exclusion is easy, but consumption of benefit is joint. This is a type of goods or service that everyone can enjoy and the benefit is not meant for only one person, but for many. THIS MAKES THE GAME A TOLL GOODS BECAUSE HE IS NOT THE ONLY ONE WATCHING THE GAME, MANY OTHERS ARE ALSO WATCHING THE SAME GAME WITH HIM, AS THE GAME IS OPEN FOR EVERYONE TO WATCH.

hope this answers your question

4 0
4 years ago
How did augustus change the roman republic
zavuch27 [327]
He improved new tax and bulit a professional army

Augustus changed the republic by adding another layer of political office, namely that of the "first citizen" to the magistrates. Although the consuls were still in office, they had little or no power as the main powers and authorities rested in the first citizen, a.k.a. emperor.

8 0
3 years ago
How did the first people who lived in Africa get food
Mamont248 [21]

Hello There!

The first people of Africa hunted and gathered to obtain food.

7 0
4 years ago
How did Socrates, Plato and Aristotle influence the world’s democracies?
irina [24]

Answer:

Socrates  (470-399) was the son of a sculptor and a midwife, and served with distinction in the Athenian army during Athens’ clash with Sparta.  He married, but had a tendency to fall in love with handsome young men, in particular a young soldier named Alcibiades.  He was, by all accounts, short and stout, not given to good grooming, and a lover of wine and conversation.  His famous student, Plato, called him “the wisest, and justest, and best of all men whom I have ever known” (Phaedo).

He was irritated by the Sophists and their tendency to teach logic as a means of achieving self-centered ends, and even more their promotion of the idea that all things are relative.  It was the truth that he loved, desired, and believed in. Plato (437-347) was Socrates’ prized student.  From a wealthy and powerful family, his actual name was Aristocles -- Plato was a nickname, referring to his broad physique. When he was about twenty, he came under Socrates’ spell and decided to devote himself to philosophy.  Devastated by Socrates’ death, he wandered around Greece and the Mediterranean and was taken by pirates.  His friends raised money to ransom him from slavery, but when he was released without it, they bought him a small property called Academus to start a school -- the Academy, founded in 386.

The Academy was more like Pythagoras’ community -- a sort of quasi-religious fraternity, where rich young men studied mathematics, astronomy, law, and, of course, philosophy. It was free, depending entirely on donations. True to his ideals, Plato also permitted women to attend!  The Academy would become the center of Greek learning for almost a millennium. Aristotle (384-322) was born in a small Greek colony in Thrace called Stagira.  His father was a physician and served the grandfather of Alexander the Great.  Presumably, it was his father who taught him to take an interest in the details of natural life.

He was Plato’s prize student, even though he disagreed with him on many points.  When Plato died, Aristotle stayed for a while with another student of Plato, who had made himself a dictator in northern Asia Minor.  He married the dictator’s daughter, Pythias.  They moved to Lesbos, where Pythias died giving birth to their only child, a daughter.  Although he married again, his love for Pythias never died, and he requested that they be buried side by side.

For four years, Aristotle served as the teacher of a thirteen year old Alexander, son of Philip of Macedon.  In 334, he returned to Athens and established his school of philosophy in a set of buildings called the Lyceum (from a name for Apollo).  The beautiful grounds and covered walkways were conducive to leisurely walking discussions, so the students were named for the peripatoi (“covered walkways”).

Explanation:

3 0
3 years ago
Read 2 more answers
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