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Which of the Following Factors Has Contributed to an Increase

question 33

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Which of the following factors has contributed to an increase in the popularity of cloud hosting?


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.

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