Examlex

Solved

If Our GDP Is 4000 in the Base Year,output Rises

question 164

Short Answer

If our GDP is 4000 in the base year,output rises by 50 percent and the GDP deflator stays the same,real GDP will rise to ___.


Definitions:

Social Responsibility

The obligation of an entity, be it an organization or individual, to act for the benefit of society at large.

Legitimate Profit

Earnings obtained through legal and ethical business practices, reflecting a fair exchange of value.

Better Place

Can refer to initiatives or efforts aimed at improving conditions in a particular area or community, leading to a more positive and sustainable environment.

Whistle-Blowing

Whistle-blowing involves reporting unethical, illegal, or harmful practices by individuals or organizations, typically to protect public interest.

Related Questions