Answer:
GDP is the total value of products and services, traded within the country, during a Fiscal year. The GDP without any inflation adjustment is known as nominal GDP and the inflation adjusted GDP is known as Real GDP. Hence, when determining the GDP in 2006 for Chile, the economists adjusted the current market prices by 3.1 percent to correct for inflated values. This adjusted GDP is called the nation’s real GDP.
The factor that affect the net export of a country include:
- domestic and foreign incomes
- relative price levels
- exchange rates
- foreign trade policies etc
<h3>What is a
net export?</h3>
This refers to the the difference between the monetary value of a nation's exports and imports over a certain time period.
In conclusion, the net export is derived after the deduction of the total import from the total export in a year.
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Answer: C- They often lead to stronger organizational commitment.
Explanation: Team Norm are guidelines that guides team members in achieving organisational commitments which includes but not limited to profit maximisation.
When a team norm is well organised, it leads to teams goals of being more committed to the success of the organisation.
Answer:
(planning phase), design, requirements-gathering, implementation phase
Explanation:
The end result of the (planning phase), design, requirements-gathering, implementation phase of the systems development life cycle (SDLC) model should give users and top management a clear view of what the problem is and how the information system will solve the problem.