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After having a stroke, Aaron is most likely suffering from Amnesia.
If real GDP falls from one period to another, we can conclude that:
<u>deflation occurred.</u>
Real GDP adjusts the level of output for any potential price adjustments that may have occurred over time; nominal GDP adjusts the level of output for changes in the price level using prices from a base year (constant prices) rather than the "current prices" used in nominal GDP.
The GDP deflator is a price index that tracks the average prices of all finished products and services produced inside a country's boundaries over time. It is used to adjust nominal GDP to determine real GDP.
So when the real GDP falls it can be concluded that deflation has occurred in the economy that is fall in prices .
To learn more about deflation click here :
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A is the correct answer.
Great Britain, France, the Soviet Union, and the United States were the key allied powers during World War II. They fought primarily against Germany, Italy, and Japan (although the UK and the US did most of the fighting against Japan).
There is a strong correlation between the nature of social class and <em>social inequality</em>.
The stratification of <em>social classes</em> not only depend on wealth, but also on factors like education and a person's occupation. This means that people in the same social class, besides being in the same range of wealth, also share the same lifestyle and similar social honors from others.
<em>Social inequality</em> occurs when the sole distribution of wealth is unequal among all of the members of a given society.
Wealth is a powerful factor that enables a person to achieve a better education and eventually escalate to upper social classes. This is where social inequality relates with the nature of social classes.
Answer:
Stability
Explanation:
According to my research on the many aspects of economics, I can say that based on the information provided within the question the term being mentioned here is called Stability. This refers to the process of making something stable. In this case it is the steps necessary to make sure that the economy does not experience high inflation which can destabilize a country.
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