What best explains why any determination of cost must go beyond counting the money involved ?
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Ответ:
Calculations of cost and benifit are subjective
Explanation:
APEX 2019 - 2020
Ответ:
c. Nominal GDP does not take into account the effects of inflation
Explanation:
Nominal gross domestic product (GDP) can be described as a measure of the GDP or goods and services produced within the boundary of a country using current prices without taking into consideration the effects of inflation.
This nominal GDP is contrast to the real GDP which measures the GDP of a country by adjusting for the effect of inflation.
Therefore, the correct option is c. Nominal GDP does not take into account the effects of inflation.