Answer: it is true.
Explanation:
Let's suppose that inflation is 20%, If someone buys a motorcycle for $1000 and wants to sell the motorcycle to have his original money, that person will have to sell it in $1,200. Otherwise, that person will be receiving less money and giving extra money to the new purchaser thus redistributing income.
Answer:
United States is the strongest economy
Tuvalu is the weakest economy
Explanation:
United States has a GDP of$20.5 trillion the population is 327.2 millio GDP per capita $62,869
Tuvalu is the world's smallest national economy, with a GDP of about $32 million, because of its very small population, a lack of natural resources, reliance on foreign aid, negligible capital investment, demographic problems, and low average incomes.
A) is the correct answer! A copy of the Constitution :) I hope this helps
Answer
Hi,
- Gross Domestic Product (GDP) represents the health of an economy by measuring the total income of the economy and total expenditure of the economy on goods and services. When the GDP is strong, workers in the country are hired more and the companies can afford to pay the needed wages resulting to more spending by customers. More firms will invest in various business operations when the GDP is strong. Higher the investments will mean a growing economy in future.
- GPD represents an overall strength/weakness of an economy in the following ways;
• A strong GDP represents strength of an economy because companies will employ more workers and pay better salaries and wages. This will mean that people will have more to spend for goods and services enabling the government to get taxes.
• A weak GDP represents a weakness in the economy in that firms will lose the confidence to invest more because the economy will be proceeding to recession. Employees might face retrenchment and wages/salaries may be lower than expected.
Best Wishes!
Answer:
the scientist will then perform the experiment.
Explanation:
