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torisob [31]
3 years ago
10

If it could increase its growth rates slightly, a country with low income would catch up with rich countries in about ten years.

Business
1 answer:
SOVA2 [1]3 years ago
6 0
That statement is false.

In order to catch up with rich countries, a country with low income probably need to maintain more than 100% growth rate in about 10 years.
Because if the country only increases its growth rates slightly, the rich countries may grow even further during that period.


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In early America, a traditional market structure existed when A) merchants purchased goods from England. B) farmers sold produce
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Explanation:

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Bartering does have a benefit as there is something that even people with no money could get for them. Bartering may include exchanging an object for a service.

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Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann
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So, accounting rate of return = 33 %

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given data

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solution

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