Answer:
Rising birthrates can both improve and damage a national economy. A high birth rate requires good health facilities, advanced team of nursing and advanced technology in hospitals that ensures a smooth birth process. Moreover the since the population would be rising there is going to be extra demand for food, shelter, schools etc.
Population growth increases labor force and, thus, increases economic growth. A large population also provides a large domestic market for the economy. So we can easily say that, population growth encourages competition, which generates technological advancements and innovations.
Answer:
A
Explanation:
lower cost of manufacturing in other countries
Answer:
Market Penetration Strategy
Explanation:
The reason is that in a market penetration strategy the company tries to attract customers as much as possible. To do so the company offers its product at a lower price than the competitors which helps the company to capture the market share very quickly and at a better position. The Johnson boats must pursue market penetration strategy because it helps in capturing market share very quickly and achieve maximum demand for its product.
Answer:
a. A 1% increase is a positive output gap decreases the unemployment rate by 0.5%
Explanation:
Okuns law looked at the relationship between unemployment and output empirically.
It states that that for every 1% increase in the unemployment rate, positive output gap falls by roughly 2%.
I hope my answer helps you.
The contract in the scenario is considered to be valid even
if the contract is unauthorized because both of the parties have agreed on the
contract and therefore, it is considered to be valid and made use of even if
there is no authorized personnel involved.