The answer is "Diffusion of responsibility".
Diffusion of responsibility is a sociopsychological phenomenon whereby a man is less inclined to make obligation regarding move or inaction when others are available. Thought about a type of attribution, the individual accept that others either are in charge of making a move or have officially done as such. Diffusion of responsibility happens when individuals who need to settle on a choice sit tight for another person to act. The more individuals included, the more probable it is that every individual will do nothing, trusting another person from the gathering will likely react.
Answer:
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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 :
brainly.com/question/11634015
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Answer:
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Explanation:
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