Option B, Manage your money
The master license agreement is type of document that the company should procure from the developing company.
<h3>What is a
master license agreement?</h3>
A master license agreement is an agreement between a property owner and other party which grants a permission to them for use of such property.
In conclusion, the master license agreement is type of document that the company should procure from the developing company.
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Answer:
The answer is (B) which is the 25 percent of nominal GDP.
Now, the question may arise that what prompted us in choosing the option (b)
This consequentially will take us to the point where we define and discuss on how we calculate for nominal GDP
What is nominal GDP:
Nominal GDP which simply means a group or pattern of measurement of a country gross domestic product. It is usually being analysed at market current prices. Hence, nominal GDP includes all of the changes in market prices that happened during the current or existing year due to inflation or deflation.
How do we calculate for nominal GDP:
It is calculated by dividing Nominal GDP by Real GDP and then multiplying by 100.
It should also be noted that Nominal GDP is the market value of goods and services produced in an economy in its raw or un-adjusted format for inflation. Real GDP is nominal GDP, adjusted for inflation to reflect changes in real output.
Answer:
it would be C the absolute change in the price level from one period to another.
The component of the GDP includes consumption, investment, government purchases, exports, imports.
<h3>The
drop-down for the given list includes
:</h3>
- The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. - Government Purchase.
- Kevin's employer upgrades all of its computer systems using U.S.-made parts. - Investment.
- Maria gets a new video camera made in the United States. - Consumption.
- Rajiv in Sweden orders a bottle of Vermont maple syrup from the producer's website. - Exports.
- Kevin buys a sweater made in Guatemala. - Consumption & Imports.
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