The correct answer is Real GDP reflects output more accurately than nominal GDP by using constant prices.
Gross domestic product (GDP) represents the sum (in monetary values) of all final goods and services produced in a given region (whether countries, states or cities) over a given period (month, quarter, year). GDP is one of the most widely used indicators in macroeconomics to quantify the economic activity of a region.
In the GDP count, only final goods and services are considered, excluding all intermediate consumer goods from the account. This is done to avoid the double counting problem, when values generated in the production chain are counted twice in the sum of GDP.
Answer:
Individualism appears to be almost unavoidable as society advances and people have more choices. When people are in smaller groups or tribes with less resources on their plate, collectivism is more important. You don't have time to worry about self-expression when you're struggling to meet fundamental demands, Once you don't have to anymore people feel more comfortable with trying to find themselves and embracing their own individuality
Individualism was linked to several socio-ecological characteristics in poorer nations, including more frequent disasters, less widespread infectious disease, and less climatic stress, but higher socioeconomic development was the biggest predictor of increased individualism across time.
researchers have come to the conclusion that socioeconomic growth fueled the rise in individualism is supported by the fact that the countries that did not demonstrate an increase in individualist ideals were among the lowest in socioeconomic development over the time period studied.
Argumentative essay is a form of essay that provides facts over a point of dispute and argument and the supporting evidence for the facts and statement to claim their statement as correct.
The argumentative essay needs proper research and analysis of facts which are relevant and supports the statement of claim.
<h3>Elements of an Argumentative Essay </h3>
- The essay must pitch a claim in the beginning and the claim should be clear and free from ambiguity.
- The statement must have the facts and evidences obtained through proper research which supports the claim.
- There must be a conclusion stating all the points of claim made in the essay with a closing statement.
<h3>Evaluation </h3>
- The most important thing while evaluating an argumentative essay is that whether the supporting facts and evidence to the claims are from reliable sources and are genuine.
- The facts and evidences are relevant and proves the statement as correct.
Therefore, the most important thing to look for when considering how well an author’s reasons support his or her claim is the reliability , relevance and originality of supporting facts.
Learn more about argumentative essay here:
brainly.com/question/7869273.
The word 'patriotism' comes from England.
Hope this helps :)
<span>Two-way communication uses communication to negotiate with people, resolve conflict, and promote mutual understanding and respect between the persons. </span>
