In Year One,the GDP Deflator Is 100 and in Year

question 72

Multiple Choice

In year one,the GDP deflator is 100 and in year two 110.If nominal GDP in year two is $300 billion,what is real GDP for year two?

• A)$200 billion.
• B)$100 billion.
• C)$272.73 billion.
• D)$220 billion.

Comprehend the implications of regulatory measures on employment discrimination.

Understand the implications of operational efficiency and business decisions on gender disparities in the workforce.

Understand the impacts of discrimination against women in the workforce on firm costs and competitiveness.

Grasp the concept of the average total cost (ATC) curve and its U-shaped nature due to average fixed costs (AFC) and marginal costs (MC).

---

Definitions:

Socializing Function

The process by which individuals learn the norms, values, behaviors, and social skills appropriate to their society.

Mass Media

Various forms of communication technologies and platforms, such as television, radio, newspapers, and the internet, that reach a large audience simultaneously.

Press Releases

Official statements issued to newspapers giving information on a particular matter.

Large Corporations

Mega businesses or companies that operate on a global scale, often having a large impact economically and socially.