Which of the following statements about economic growth is accurate? The world’s sustained economic growth has only been occurri
ng over the last 300 to 400 years. Sustained economic growth has been occurring since the start of the Roman Empire. Countries in Africa and South America are responsible for most of the economic growth in the world since the 1600s. Economic growth has been shared equally among all the countries in the world since the start of the most recent generation.
As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.
In case when Pepsi and Coke did not modify its formulas and keeping other things constant the demand for these goods is shifted to left as the price of the products would decline due to which the profit for both companies would fall
Moreover, the fall in demand is not due to an increase in price but it has harmful chemicals which shifted the demand curve to the left