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Identify each of the following as nominal or real variables.
a. the physical output of goods and services
b. the overall price level
c. the dollar price of apples
d. the price of apples relative to the price of oranges
e. the unemployment rate
f. the amount that shows up on your paycheck after taxes
g. the amount of goods you can purchase with the wage you get each hour
h. the taxes that you pay the government
d. the price of apples relative to the price of oranges
e. the unemployment rate
Granite Bedrock
The solid rock layer under the soil composed primarily of granite, a coarse-grained igneous rock consisting mainly of quartz, mica, and feldspar.
Spheroidal Weathering
A form of mostly chemical weathering in which concentric or spherical shells of decayed rock are successively separated from a block of rock.
Rounded Shapes
Forms or outlines that are smooth and curved without sharp angles or edges, often formed by erosion or weathering processes in nature.
Karst Terrain
A landscape formed from the dissolution of soluble rocks such as limestone, dolomite, and gypsum, characterized by underground drainage systems with sinkholes, caves, and springs.
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