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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Answer:
d. Pierre Bourdieu
Explanation:
French sociologist Pierre Bourdieu saw how cultural capital results from the accumulation of knowledge, and social, and behavioural skills that make an individual demonstrate cultural competency, and possess a higher rank in society.
<em>The education and knowledge gained forms what he calls "social capital" which enables that person to move along deeper networks. By doing so, it will be able to gain further insight within his social context into a wider array of networks and an increase in its status.</em>
<u>The term was first published in 1973 "Cultural Reproduction and Social Reproduction," written by Bourdieu and coauthored by Jean-Claude Passeron.</u>
Answer:
it is estimate 2050 we will prouduce 29.4 billons tons
Explanation:
Answer:
Perishability
Hope this helps you out fam!
~theLocoCoco
