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The following table shows the production and prices of an economy's only two goods,TVs and computers,in 2003 and 2009.Assume that 2003 is the base year.
-What is nominal GDP in 2003?
Cultural Diffusion
The transmission of cultural elements from one society or cultural group to another.
Cultural Lag
A concept in sociology that explains the period of adjustment when the non-material culture is struggling to adapt to new material conditions or inventions.
Cultural Shock
The feeling of disorientation or anxiety experienced when encountering a culture markedly different from one's own.
Cultural Capital
Non-financial social assets that promote social mobility beyond economic means, such as education, intellect, style of speech, and dress.
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