Answer:
The private savings as a share of the GDP must have declined.
Explanation:
according to the twin deficit hypothesis:
budget deficit = savings + trade deficit - investments
the government deficit as a share of GDP declined and investment as a share of GDP remained constant that means that the savings should decline.
The answer is <u>"B. Entrepreneurs often work long hours and must take on the financial responsibilities of the business."</u>
An entrepreneur is a person who, as opposed to functioning as a worker, establishes and maintains a private company, expecting every one of the dangers and prizes of the endeavor. The business visionary is generally observed as a pioneer, a wellspring of new thoughts, merchandise, administrations and business/or techniques.
Entrepreneurs assume a key role in any economy. These are the general population who have the right stuff and activity important to foresee present and future needs and put up great new thoughts for sale to the public.
Tortilla chips are most likely Convenience <span>products since they are purchased with little shopping effort.
Convenience products refer to the type of products that bought by the customers without proper plannings Usually these type of products are cheap, fast to consume, and ordered in a pretty large quantity., </span>
<span>The four factors that determine wage differentials include
efficiency in labor, where skilled workers may get higher pay than the
unskilled ones; working conditions is another factor, as performing one’s job
in dangerous areas may give higher pay to compensate for the risks involved;
discrimination also affects the wage rates and said rates may be biased against
a certain person or group; lastly, there is the demand for laborers across
occupations that vary, and the wage paid may depend on the desirability or the
requirements needed for a certain job.</span>
