Answer:
The correct answer is letter "D": the consumption of which varies directly with incomes.
Explanation:
Normal goods are those with quantities demanded increasing when consumers' income increases. Quantity demanded and increase have a directly proportional relationship. Consumer staples such as foods, drugs, and fuel are considered normal goods.
<em>The opposite of normal goods are inferior goods which have decreasing quantities demanded in front of increases in consumers' income.</em>
Answer:
Export of labor-intensive products
Heavy investment in building a world-class infrastructure to attract foreign investment
Explanation:
The population of China is the highest in the world, hence they concluded that they needed to use their number to their own advantage by adopting a labor-intensive production technique which enables them to export their products as well as ensuring a higher percentage of the populace is gainfully employed, little wonders how China products are available the world over.
Also, they provided world class infrastructures which serve as incentives for foreign direct investment, for instance Apple moved its main factory to China due to the cheaper and available workforce coupled with the state of the art technological infrastructural development achieved by the Chinese people.
<span>In Chapter 7 bankruptcy, liquidation, the trustee sells off the debtor's assets and pays creditors. A Chapter 7 bankruptcy often turns into a Chapter 13 which is based around selling debt off to pay creditors. Selling off the assets and liquidating them gives them cash on hand to pay off what needs to be paid. </span>
Answer:
The correct asnwer is $-214 billion.
Explanation:
A surplus occurs when an account exceeds the credit after having paid all its debts and obligations.
As the example says, assuming that China’s net debt forgiveness was zero in 2012, then the net balance of China's financial account balance would be -214 billion.
This means that China would be facing a deficit.
A defit means that more money comes out of our company's account than it enters.
Which causes China to have a<u> negative balance account.</u>
