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strojnjashka [21]
2 years ago
6

what is driving the economy of many low-income sub-saharan countries? (2.5pts) question 10 - what is driving the economy of many

low-income sub-saharan countries? raw material exports cheap manufacturing technology export agricultural exports eco-tourism
Business
1 answer:
solong [7]2 years ago
8 0

Due to a slowdown in global growth, rising inflation, and other factors, Sub-Saharan Africa's economic growth is expected to fall from 4.1% in 2021 to 3.3% in 2022.

Hence, Option C is correct.

The Democratic Republic of the Congo, Burundi, Madagascar, the Central African Republic, and South Sudan all had extreme poverty rates exceeding 70%. South Sudan, the poorest country in Africa, had a rate of over 80%. Some people have done well.

21 out of 25 countries in the low-income group in 2020 were Sub-Saharan African economies, despite the fact that 11 Sub-Saharan African nations had been able to migrate from the low-income category to lower and upper-middle income groups over the previous three decades.

To know more about Economic Growth here

brainly.com/question/12148347

#SPJ4

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Consider the market for labor depicted by the demand and supply curves that follow. Use the calculator to help you answer the fo
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Answer:

Suppose a senator considers introducing a bill to legislate a minimum hourly wage of $12.50.

Wage           Labor Demanded            Labor Supplied

$12.50               375,000                           625,000

This will result in a surplus of labor (625,000 higher than 375,000)

Which of the following statements are true?

  • Binding minimum wages cause structural unemployment.  As with all price floors, a deadweight loss results, because the quantity supplied is much greater than the quantity demanded. In this case, the price of labor is the wage, and the deadweight loss = structural unemployment
  • In the absence of price controls, a surplus puts downward pressure on wages until they fall to the equilibrium. Since a labor surplus exists, the price of labor should start to decrease in order to match the equilibrium price.
  • If the minimum wage is set at $12.50, the market will not reach equilibrium. The quantity supplied of labor is much greater than the quantity demanded for labor resulting in a surplus.

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4 years ago
Multiple Choice Question 38 Vaughn, Inc. has 1000 shares of 5%, $10 par value, cumulative preferred stock and 63000 shares of $1
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Answer:

$0.5 per share

Explanation:

Preference Share Capital = 1000 shares * $10 = 10,000

Annual Dividend in Total = 10000*5% = $500

Annual Dividend Per Share = $500/1000 = $0.5 per share

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What will happen to your credit score if you do not manage your debt wisely?
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The $200,000 represents the revenue and the $50,000 represents the profit.

Explanation:

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