Answer:
the social cost of production exceeds the private cost of production.
Explanation:
The cost of natural resources for which the firms are not required to pay, for example, river, lake, atmosphere, etc. The use of public utility services such as roadways, drainage systems, etc. The cost of 'disutility' created through pollution (air, water, noise, environment).
Savings = Investment +Net exports ( where Net export = Export - Imports)
= 100 + 50-70
= $80 billion
Imports are goods and services purchased from the rest of the world by residents of a country rather than domestically produced items. Exports are goods and services produced in the United States but sold to customers in other countries.
Total imports and total exports are critical components in calculating a country's GDP. They are categorized as "Net Exports." Net exports are calculated by subtracting the total value of a country's exports from the total value of its imports. A trade surplus is indicated by a positive net exports figure.
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Answer:
E) l and III
Explanation:
Country B may be having geometry population growth rate while country A is still growing her population in an arithmetic population growth rate.
Secondly, country may have weak institutions to manage her resources effectively and efficiently which literally means resources capacity utilization and planning is very poor, resources risks are not properly assessed and managed, problem of skills mismatch
Use of resources are not optimized.
In accounting, the inventory is always done annually so inventory must always be accounted for at the year end. In order to address issues such as customer theft or spoilage, you have to minus (it's market value) from the beginning inventory.
There are three main sources of income of the the government :
1) individual income tax
2) corporate income tax
3) payroll tax
