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.
Answer:
The largest disagreement perhaps amongst the framers was the issue of state representation. This issue could not be solved quickly as the creation of a checks and balances system had been. The framers soon found that the larger state delegates wanted to use population numbers to decide how many people would be chosen as delegates for Congress.
Explanation:
Judges are appointed, not elected, because the framers did not want them to focus on outside factors like getting elected.
Answer:
inferential statistics; statistically significant
Explanation:
Inferential statistics: In statistics, the term inferential statistics is defined as one of the important parts and it is responsible for using a random sample of specific data that is being taken out from a particular population to explain and develop inference related to that population.
Statistically significant: In statistics, the term statistically significant refers to the process involved in specific research that describes its results are less likely to occur due to a chance procedure.
Answer:
The answer is below
Explanation:
The Executive Branch of United States comprises of President, Vice President, Cabinet of the United States (comprises Vice President, 15 principal officers and 7 other members), United States federal executive departments, and Independent agencies such as the United States Postal Service (USPS), the National Aeronautics and Space Administration (NASA).
While the Executive Branch of Georgia comprises of Governor, Attorney General, Secretary of State, State School Superintendent, Insurance Commissioner, Agriculture Commissioner, Labour commissioner, and five other public service commissioner.
Also, while it is only President and Vice President that get elected in the United States Executive Branch, the rest are nominated. In the Georgia Executive Branch however, all the Executive Official are statewide elected.
