Answer:
a. rises but real GDP per person falls
Explanation:
Gross domestic product is the total monetary value of output that is produced by an economy in a given period.
GDP increases as the income increases. This is because people have more money to spend on goods and services.
So if people are retiring they will earn pension that will be spent. This increases productivity of the economy.
However since the number of people working is reducing there will be a reduction in real GDP per person. Only few people are producing and output will be allocated to a large population many of whom are not working.
Business will be able to save the money they will recieve back from taxes.
The articles of confederation were written in March 1, 1781
Answer:
Downward sloping
Explanation:
According to the law of demand, this law states that there is a inverse relationship between the price of a commodity and the quantity demanded for a commodity. This indicates that as the price of the commodity increases then as a result the quantity demanded for that commodity decreases and as the price of the commodity decreases then as a result the quantity demanded for that commodity increases.
Monopoly refers to the market conditions in which there is only a single firm operating in a whole market.
Hence, due to this inverse relationship between the price and the quantity demanded, the demand curve for a monopoly firm is downward sloping.
Answer:
What is meant by parent company?
A parent company is a single company that has a controlling interest in another company or companies. Parent companies are formed when they spin-off or carve out subsidiaries, or through an acquisition or merger.
Explanation:
What Is a Parent Company?
A parent company is a company that has a controlling interest in another company, giving it control of its operations
