Based on the Data in the Table Below, Explain What

question 53

Essay

Based on the data in the table below, explain what happened to output and prices in the economy between 2009 and 2010. $$\begin{array} { l c c } & 2009 & 2010 \\\text { Nominal GDP (\$ billions) } & \$ 14,700 & \$ 15,200 \\\text { Real GDP (\$ billions 2000 chain weighted) } & \$ 12,100 & \$ 11,900\end{array}$$

---

Definitions:

Drafting Process

The initial stages of writing where ideas are developed, structured, and put into a preliminary form.

Effective Message

Communication that clearly conveys its intended meaning and achieves its purpose with the target audience.

Planning Process

A systematic approach to setting goals, developing strategies, and outlining tasks and schedules to accomplish the objectives.

Communication Goal

The intended outcome or objective that one aims to achieve through the act of communicating.