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inysia [295]
2 years ago
7

Read the scenario. The citizens of Country D have noticed that the average prices of most goods within their nation have begun t

o rise. At the same time, employers are not raising wages at the same rate. The combination of these challenges has resulted in a decrease in overall demand, causing a decline in GDP. According to the scenario, what is the greatest economic challenge that Country D is facing?
Business
2 answers:
WARRIOR [948]2 years ago
7 0

Answer:

The greatest economic challenge that Country D is facing is inflation

Explanation:

Rising prices, decreased demand, and declining GDP are the primary indicators of inflation, which affects the government, businesses, and individuals of Country D. When rising inflation rates are coupled with low productivity and declining GDP, stagflation results.

ryzh [129]2 years ago
4 0

The citizens of Country D have noticed that the average prices of most goods within their nation have begun to rise. At the same time, employers are not raising wages at the same rate. The combination of these challenges has resulted in a decrease in overall demand, causing a decline in GDP. According to the scenario,  the greatest economic challenge that Country D is facing-<u>is that of inflation</u>

Explanation:

Inflation can be defined as  a quantitative measure of the rate at which the average price level of a goods and services in an economy increases over a period of time.

Inflation indicates a decrease in the purchasing power of a nation's currency

In Country D also similar situation is being witnessed

the average prices of most goods within their nation have begun to rise. At the same time, employers are not raising wages at the same rate. The combination of these challenges has resulted in a decrease in overall demand, causing a decline in GDP. According to the scenario,  the greatest economic challenge that Country D is facing-<u>is that of inflation</u>

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Describe China’s strategy in Africa.
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Answer:

The strategy for China seems to be to use the resources that Africa has in its hands from the small groups that control parts of the continent in order to fund themselves as well as help increase revenue for the countries that allow them to do so.

Explanation:

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A(n) _______________ strategy is a competitive strategy by which a firm develops unique products or services from those of its c
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That would be an innovation strategy.
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A wedding services company changes its marketing strategy to reflect the fact that more LGBT​ (lesbian/gay/bisexual/transgender)
marishachu [46]

Answer:

c. Cultural

Explanation:

The LGBT marriages differ from the  straight marriages mainly on the traditions and type of events that they have.

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8 0
3 years ago
At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is
IceJOKER [234]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Job 765:

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Direct labor= $4,775

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Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour.

Costs sheet:

<u>Job 765:</u>

Direct material= 5,670

Direct labor= 3,500

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6 0
2 years ago
Craig and Kris were walking directly toward each other in a congested store aisle. Craig moved to his left to avoid Kris, and at
Andreas93 [3]

Answer:

does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses

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From the question, we are informed about Craig and Kris who were walking directly toward each other in a congested store aisle. Craig moved to his left to avoid Kris, and at the same time Kris moved to his right to avoid Craig. They bumped into each other. This example illustrates the concept of coordination failure and in this case, This idea relates to macroeconomic instability because the economy does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses. Coordination failure can be regarded as failure that takes place as a result of group of firms want to achieve a more desirable equilibrium, but resulted to failure as a result of their decision making not been coordinated

8 0
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