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Vsevolod [243]
4 years ago
10

A major shift for personnel management arrived in the 1930's with the emergence of:

Business
1 answer:
podryga [215]4 years ago
8 0
A major shift for personnel management arrived in the 1930's with the emergence of UNION LAWS.
Union laws refers to a set of laws that govern the relationship between the employers and the employees. Union laws were first released in the 1903's and it changed the manners the employers treat their workers.
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Explanation:

Nominal GDP measures the production of total finished products and services within a country during a particular period using the current prices of the products and services. Real GDP measures the production of total finished products and services within a country during a particular period using base-year prices of the products and services.

Nominal GDP doesn't take in account inflation, while real GDP is adjusted by inflation. Nominal GDP is also higher than the real GDP since recent prices are higher than the base-year prices (due to inflation). Real GDP can be used to compare the economy's evolution over periods of time.

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