When a group of people gather for common practice, activities and interests, they are make up society. Such people start to exchange experiences and views on interests, activities and practices, they can associate, work on, improve and create a community of common interests and preferences. When society's development over common interests reaches a high level, then a highly developed society, which in this way leaves a certain significance and trace in history, is a civilization.
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.
Nahhhhhhhhhhhhhhhhhhhhhhhh
Answer:
Explanation: those above him/ her can not serve
Answer:
A small cup. I hope this helps you~ Have a pog day<3
