Answer:
Like other aspects, family background also affects the entreptrneurial behaviour of people as entrepreneurship directly depends on people and people are affected to big extent by the family background.
Explanation:
- According to the research statistics 25% of the variation in decisions of individuals to become employed to self is explained by family background and influence of the community.
- It also suggested that the entrepreneurship depends upon sibling correlation and shared genes.
- It is greatly affected by characteristics of parents and family members including sibling peer effects, income, education, self employment, neighbourhood effects and incorporation.
If one uses the data above (in billions of dollars), the Gross domestic product (in billions of dollars) for this economy equals $1,200.
<h3>What is the GDP about?</h3>
Note that:
GDP (Gross Domestic Product):
Thus it will be :
Consumption + Investment + Government expenditure + (Export - Import)
Which is:
GDP = 800 + 200 + 300 + (100 - 200)
GDP = $1200 billions
See full question below
Consumption expenditures $800
Investment expenditures 200
Government purchases 300
Exports 100
Imports 200
Wages 800
8) Refer to Table above. Consider the data above (in billions of dollars) for an economy: Gross domestic product (in billions of dollars) for this economy equals
A) $2,200.
B) $1,600.
C) $1,400.
D) $1,200.
Learn more about GDP from
brainly.com/question/1383956
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Answer:
Use Tabs
Explanation:
I had this lesson on odyessy ware and this was right the other guy is wrong
That means that the production vause a loss in supply and demand
