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Structural Characteristics Refer to the Intangible Soft Properties That Determine

question 36

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Structural characteristics refer to the intangible soft properties that determine the basic shape of an organization's internal characteristics.


Definitions:

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to gauge inflation or deflation.

Producer Price Index

An economic indicator that measures the average change over time in the selling prices received by domestic producers for their output.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Nominal GDP

GDP that has not been adjusted to account for inflation.

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