Answer:
Downward rate
Explanation:
The commerce department has adjusted the growth of GDP downward, and BLS has adjusted the labor working hours upward. The bureau of labor statistics has to report a downward trend in terms of growth of labor productivity for the first quarter of 2016. The downward trend in labor productivity growth will justify the decline in GDP growth.
Answer:
true
Explanation:
the answer to this question is true
Answer: the correct answer is (B) newly rich consumers will not buy the watches if the watches are not advertised to people who are not yet wealthy who will then hold the watches in high regard
Explanation:
The paragraph says that that most purchasers of Brand X's luxury watches have only recently become wealthy and buy this brand so the logical argument is to reach "recently become rich" to attain higher sales. Advertizing in the magazine mentioned is not guarantee that the "new rich" will buy more watches since we don't know if they read the magazine mentioned.
In order to increase the capital stock, society must divert resources that could be otherwise used to increase the supply of consumer goods.
Consumer goods:
- Consumer and capital goods are the two main categories of products produced in the economy, and if capital stock has to rise, resources for capital goods must also rise, reducing the supply of consumer goods.
- Customer goods are items that the typical consumer purchases for consumption. Consumer goods, also known as final goods, are the products of production and manufacture and are what shoppers will find placed on store shelves. Consumer goods include items like jewelry, clothing, and food.
- Any tangible good produced and later purchased to satiate the buyer's present requirements and perceived wants is referred to as a consumer good in economics. Durable, nondurable, and services are the three subcategories of consumer products.
- Consumer products can be divided into four categories. They are shopping items, specialty items, convenience items, and unanticipated items.
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Answer:
World Trade Organization
Explanation:
World trade organization is responsible for 90% of the world trade. The rules and regulations it devises are governing majority of the entire world trade. With 164 members, almost all countries are subject to WTO guidelines and rules. One of the main features of this organization is that it aims to reduce barriers and tariffs to trade thus facilitating free exchange of goods and services in the global village.
Hope that helps.
