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Developing a plan
Implementing a plan
Evaluating a plan
The playscript shows a delay in implementation part of the public policy process.
The model of Hewlett and Ramesh denominates five process of the public policy, that process are:
Therefore, option C is correct.
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Answer: implementing a plan
Explanation:
The correct option for this question is A. real GDP will double in 10 years.
Why it is?
The rule of 70 states that the number of years it takes for a variable to double is approximately equal to 70 divided by its annual growth rate. Applying this rule to real GDP growing at 7 percent per year, we get:
Number of years to double = 70 / 7 = 10
Therefore, it will take approximately 10 years for real GDP to double. Option A is the correct answer.
Note that potential GDP refers to the maximum amount of goods and services that can be produced by an economy's resources, so it is not directly affected by the growth rate of real GDP. Nominal GDP refers to the total value of goods and services produced by an economy at current market prices, so it is affected by both changes in real GDP and changes in prices.
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B. a substance that speeds up a reaction, and is not used up
C. a substance that speeds up a reaction, and is completely used up
D. a substance that slows down a reaction, and is completely used up