(Table) According to the Table, Real GDP for 2014 Is

question 169

Multiple Choice

(Table) According to the table, real GDP for 2014 is approximately: $$\begin{array} { | l | c | c | c | } \hline & \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 3 } & \mathbf { 2 0 1 4 } \\\hline \text { Nominal GDP (billions of S) } & 7,280 & & 8,000 \\\hline \text { Real GDP (billions of S) } & 7,280 & 7,425 & \\\hline \text { GDP deflator } & & 103.6 & 106.1 \\\hline\end{array}$$

• A) $7,540 billion.
• B) $7,894 billion.
• C) $8,106 billion.
• D) $8,488 billion.

Discuss mechanisms of direct democracy such as referendums and initiatives.

Identify the purposes and historical objectives of government.

Illustrate the safeguards in modern democracies to prevent the oppression of minorities.

Understand the concept and significance of universal suffrage and the evolution of voting rights.

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Definitions:

Profitability

The ability of a business to earn a profit, or the degree to which its revenues exceed its expenses.

HRM Activities

Tasks and functions associated with Human Resource Management, focusing on managing people within organizations in areas such as recruitment, training, and compliance with labor laws.

Market Value

The estimated worth of a product, service, or company within the marketplace, determined by factors like supply, demand, and competition.

HR Practices

Strategies, methods, and processes implemented by the Human Resources department to manage and develop the workforce efficiently.