Recommendations Should Be Phrased as ________ (Beginning with Verbs)

question 10

Short Answer

Recommendations should be phrased as ________ (beginning with verbs).

---

Definitions:

Price Level

An index reflecting the mean of current prices for a wide array of products and services in the economy.

Imported Raw Materials

Raw or unprocessed goods brought into a country from abroad for use in manufacturing or production.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by an economy in a given year, expressed in base-year prices.

Nominal GDP

GDP based on prices prevailing at the time of production.