A good way to narrow down possible career choices might be researching the possible ones to see which one suits you more.
Answer:
of changes in price level
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year.
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
For example, country A produces 10 kg of rice at $10 per kg in 2019 and 50kg of beans at $30 per kg in 2018. In 2019, it produces 10 kg of rice at $20 per kg in 2019 and 50kg of beans at $40 per kg in 2019. 2018 is the base year.
Nominal GDP in 2018 = (10 x $10) + (50 x $30) = $1600
Nominal GDP in 2019 = (10 x $20) + (50 x $40) = $2200
Real GDP in 2018 = (10 x $10) + (50 x $30) = $1600
Real GDP in 2020 = (10 x $10) + (50 x $30) = $1600
We can see that even though the country produced the same quantity of outputs in both years, nominal GDP differed but when the effect of rise in prices was eliminated, real GDP for both years was the same.
Answer:
When Your Lender Calculates Your Debt To Income Ratio, He Determines That Your Maximum Monthly Payment Can Be No More Than $3,200.
Answer: neither Colin's concept nor his process.
Explanation:
The Copyright law in the United States is a a law that gives monopoly protection to the original works of an author. The copyright law was put in place in order to prevent people from copying the works of other people.
In this case, we are told that Colin thinks of a new concept for a palm-sized computer notebook and also thinks of a new, faster process for producing the notebooks. Therefore based on the explanation given above, the Federal copyright law protects neither Colin's concept nor his process.
Answer:
relationship marketing
Explanation:
Based on the information provided within the question it can be said that Pratt International's strategy illustrates a relationship marketing. This is a business strategy whose main focus is on developing and gaining customer loyalty through long-term engagement with customers, as opposed to focusing on short term goals. Which is what Pratt International is striving to achieve by focusing on increasing customer loyalty.
