Answer: 3.59%
Explanation:
Real GDP per capita is the Real GDP divided by the population of the country.
Real GDP per Capita 2018
= 1,150,000,000/ 10,080,000
= 114.0873
= $114.0873
Real GDP per Capita 2019
= 1,430,000,000/ 12,100,000
= $118.1818
Percentage Change
= 
= 3.59%
Answer:
The correct answer is letter "C": Over time, the United States switches from being an exporter of a product to an importer of the product.
Explanation:
The life-cycle theory proposes that the United States boosted worldwide economic trade exporting their products. At first, the products were delivered to other world developed countries. Over time, those developed countries started to study American products to become manufacturers. This implies competition so to spend fewer costs, the developed countries took their operations to developing nations.
After some time, it is believed that those developing countries are likely to become manufacturers as well at even cheaper costs provoking that the United States begin to import products from the developing nations.
Answer:
A
Explanation:
people have to make choice due to limited (opportunity cost)
Answer:
How are Startups Financing Requirements Estimated?
1. Make Use of a Startup Work Sheet to be Able to Plan the Initial Financing.
2. Focus on the Expenses versus Assets. Another way for startups to estimate their financing requirements is by means of focusing on the expenses versus assets.
3. Similar Articles.
4. Cash Balance Prior to the Starting Date.
Explanation:
Answer:
The correct answer is option b.
Explanation:
In an open economy, domestic firms have to face competition from the foreign producers. If firms face losses in the long run, because of import competition, these firms will leave the industry.
As the number of domestic firms get reduced, the demand curve of the other firms will become flatter. This happens because of the foreign firms that bring in a large variety of goods in the domestic market.
