How has globalization made countries more interdependent? ... - Countries now rely on one another for chances to import. - Countries rely on each other for cheaper products. - One way to measure economic growth is by using GDP, which stands for Countries now rely on one another for chances to export.
Form go ogle
Answer:
A. Households buy goods from product markets.
#FreeMelvin
Answer:
The expected price level falls., new wage contracts will be negotiated at a lower wage in the market.
Explanation:
In the case when the economy is in the long run equilibrium and the federal government decreased the goods purchase by 50%. So in the long run the expected price level would be decline and the effect on wage bargaining would be that the new wage control would be negotiated at a less wages in the market place
Therefore, the correct option is c
And, the same would be relevant
Just add the number e s and you will end up with 60
Answer:
-$12,000
Explanation:
Given that
Annually earning = $30,000
Renting annually = $12,000
Total revenue = $260,000
Total cost = $230,000
The computation of economic profit is shown below:-
Economic profit = Total revenue - Total cost - Annually earning - Renting earning - Renting annually
= 260,000 - 230,000 - 30,000 - 12,000
= -$12,000
