An increase in real GDP and a rise in price levels.
GDP:
- A thorough evaluation of American economic activity. The value of the finished goods and services produced in the US is measured by the GDP (without double counting the intermediate goods and services used up to produce them).
- Gross domestic product, also known as GDP, is one of the most popular. It is frequently quoted in reports by governments, central banks, and the business community as well as in newspapers, on television news, and in publications. It is now frequently used as a benchmark for measuring the strength of both national and global economies.
- Most economists, governments, and companies prefer to see a continually increasing GDP since it typically indicates more consumer spending, job growth, tax revenue, and wage increases for workers. GDP declines indicate a contracting economy, which is bad news for both businesses and employees.
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Answer:
All of the above
Explanation:
Taxes are involuntary fees levied on individuals or corporations and enforced by government entity whether local or national in order to finance government activities. Taxes help in funding public works like medical research, national defense, water pollution etc.
<u>Answer: </u>True
<u>Explanation:</u>
To maintain the competitive advantage of the business the managers of international business adapt to local adaptation strategy. International markets have different languages and culture it is necessary to promote business in the local language to reach the target market accordingly.
The multinational companies have their offices, distribution and production in different countries but they maintain same set of policies and procedures which makes decision making quick and easier. Through this way they maintain the global consistency.
The statement is that "all the primary types of project life cycle models contain a sequence of precisely four phases with tasks. It must be finished and permissions must be obtained before the project can go on to the next phase, despite differences in the specifics" is true.
<h3>What is a model?</h3>
A model is an artificial 3D representation of a process of objects. Models can be small and large. Models are made to give information about things that are very big or undone in reality.
Here, the model of the project life cycle is given that contains four phases with their tasks.
Thus, the statement is true.
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