Answer: A B D E F Correct answers are in the photo above.
Explanation:
Thank the person who uploaded this in the first place.
Answer:
The correct answer is option A.
Explanation:
Nominal GDP is the measure of economic growth which calculates the change in output on the basis of the current price. It is not inflation-adjusted measure and is affected by changes in the price level.
Real GDP on the other hand, measures the change in economic output on the basis of constant price. It is an inflation-adjusted measure to calculate economic growth.
That is why, real GDP is preferred, because nominal GDP may overestimate or underestimate the change in output.
Answer:
A. Reduced colonists' need for protec
tion against the French in Canada.
The United States is the biggest source of foreign aid. The plans developed are primarily intended for economic development. Other goals are fighting disease, backing up neighboring countries and implementing disaster relief. Although, evaluation of its effectiveness might sometimes be volatile. The measure of its effectiveness could be based on how its purpose was accomplished effectively.
