<span>Economic growth, which can be approximated by the growth of gross domestic product, ultimately determines the prevailing standard of living in a country.
</span>This parameter is measured by economists typically by tracking <span>real GDP per capital.
</span><span>Economic growth hinges on the quality and type of investment, the human capital and improvements in technology.</span>
Answer: Option C
Explanation: In simple words, inelastic demand refers to a situation when the demand of the buyer does not change as per the price of the commodity. Thus, the price does not increase or decrease with decrease or increase in demand.
Hence the farmers should decrease the supply as there would be no profit for them to supply a product that has an inelastic demand.
Answer:
Article 2 of the UCC(Uniform Commercial Code).
Explanation:
UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from
i). Goods definition of i.e any tangible item that can be moved.
ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.
iii) Contract modifications and lastly
iv). Exchanges of consideration for items of value.
Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.
Answer:
The correct answer is letter "D": 1,1 million.
Explanation:
According to the U.S. Bankruptcy Abuse Prevention and Consumer Protection Act (<em>BAPCPA</em>) report of 2014, more than 900,000 bankruptcy cases were filed by individuals having by common cause consumer debts. That number of reports has been decreasing since then by year reaching by 2017 the amount of 767,721 cases.
Answer:
Salary systems – also referred to as compensation plans or pay structure – are a collection of steps, policies and practices employers use to pay employees for their work. Salary systems consist of more than producing a weekly, biweekly or bimonthly paycheck.
Explanation: