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 .
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Explanation:
Longitude systems going north-south, parallel to the Planet's rotational direction. As a result, the Sun would be at the same elevation for all locations in a path of longitude, i.e., it reaches local noon at same moment everywhere along the elevation. As a result, the local time is the same.
The correct answer is True
Explanation:
The National Response Framework (NRF) refers to a set of principles and strategies design to respond to disasters or emergy situations as well as preventing the effects this can have. This includes response to situations such as hurricanes, earthquakes, fires, terrorist attacks, etc.
Additionally, the NRF is guided by five key principles or premises that include readiness to act; a partnership between entities and levels; unity of effort; efficiencies or tired response and flexibility, scalability and adaptability that implies the NRF should be able to expand at all levels and adapt to the context and emergency being faced. Thus, it is a true statement one of the premises of the NRF ist that the response should expand to meet needs.
The answer should be C) culture and personality studies
The national government has the power to control the nations budget and spending. They are in charge of defending the nation. They also handle many foreign affairs.
