Answer: Determines the standard of life of a nation over the long term.
Explanation:
Economists believe that the economic growth of a country determines the standard of living of its people over the long term which is why measures such as GDP per capita exist.
They argue that if the economy is growing, more wealth will be created for citizens to access and the higher production of goods and services will give citizens more choice on what to buy to be able to improve their standard of living.
Answer:
concentration strategy
Explanation:
This is an approach in which a business focuses on a single market or product which allows the company to invest more resources in production and marketing in that one area.
Answer:
Follows are the solution to the given points:
Explanation:
In point a:
It must allocate
for both the taxicab and
for the rest of the license, the client list, and the company name registered.
Its cost of intangible material could be amortized for 180 months starting in April.
is her amortization deduction.
She could also use Section 179 to decrease her taxable money to
but include her deduction.
Her taxable annual income is
.
In point b:
They must allocate
for the taxi and
for their licenses, the customer list as well as the business by interacting with people register. Its cost of the material could be depreciated for 180 months, starting in April.
is her amortization deduction.
The taxable income here 
Section 179 could be requested if another income is earned on the tax return (such as W-2 wages).
As all Section 179 is unpaid with other earned income, it is carried forward into the next year.