Answer:
b. promote economic growth
Explanation:
Economic growth refers to a rise in a nation's per capita income which is accomplished by a rise in the national output and increase in the Gross Domestic Product (GDP).
Economic development on the other hand is accomplished when a nation's GDP rise is accompanied by a rise in the standard of living of it's people.
A rise in the standard of living of the people is directly related with rise in the per capita income since, per capita income is a measure depicting average income earned by a person in a region.
Thus, in order to raise the standard of living of it's people, a nation should promote economic growth.
Answer:
Measure of Value
Explanation:
The function of money being illustrated is known as a Measure of Value. This is basically when an item's monetary values are compared when making a trade. In this scenario, both the apples and pineapples are being compared based on their monetary value. Since a single pineapple is worth twice the amount of money that a single apple is worth. Then that means that a fair trade would be two apples for every pineapple which would be a trade of the same amount of monetary value.
A business partnership is a specific kind of legal relationship formed by the agreement between two or more individuals to carry on a business as co-owners. A partnership is a business with multiple owners, each of whom has invested in the business.
Answer:
(D) All of the above
Explanation:
Residents of rich countries are likely to have housing, healthcare and life expectancy in bigger quantities and better quality than residents of poor countries
