Answer:
I will lay out China's GDP growth rate in the last years:
YEAR GDP GROWTH RATE
2018 - 6.6%
2017 - 6.7%
2016 - 6.7%
2015 - 6.9%
2014 - 7.3%
2013 - 7.7%
2012 - 7.8%
2011 - 9.5%
2010 - 10.6%
2009 - 9.4%
2008 - 9.6%
2007 - 14.2%
2006 - 12.7%
2005 - 11.3%
2004 - 10.1%
2003 - 10.0%
2002 - 9.1%
2001 - 8.3%
2000 - 8.4%
1999 - 7.6%
1998 - 7.8%
1997 - 9.2%
1996 - 9.9%
1995 - 10.9%
1994 - 13.0%
1993 - 13.8%
1992 - 14.2%
China was growing a lot in the first years of the 1990s. The last half of the decade saw less grow because of the Asian financial crisis,
During the mid 2010s, China was again growing ove 10% every year. This boosted the world economy, for example, Latin America, because this region is an important provider of raw materials such as coal, oil and soy.
China was not seriously affected by the 2008-2009 financial crisis, or by the 2011 European debt crisis.
However, in recent years, the country has been growing less, probably because as it develops more, it tends to grow less. Same thing has happened to every developed country in the world. In fact, advanced economies like the United States or Germany rarely grow above the 2% rate per year.
Answer: D. During an economic downturn, a company changes its computer policy to only allow purchases of windows-based laptops and see profits go down. The company concludes that windows-based laptops cause profits to go down
Explanation:
In the other options, the new activity done by the company were definite causes of the effects that followed. A more efficient production process will cause gains in productivity. Coupons will bring in more sales and paying employees more will encourage them to engage in more sales.
Concluding that a computer type causes profits to go down however in a period where the economy as a whole is buying less, is simply correlation. In an economic downturn, people are buying less goods in general. The laptops will be no exception and it is not a reflection of people's preference or lack thereof of them.
Because they didn't know how to write their name and an X was easy. :)
Answer:
Pegged exchange rate system
Explanation:
In the pegged exchange rate system, a country ties its currency exchange price to that of a more widely used currency at a fixed rate. The US dollar is the most accepted currency for international trade. Countries that use the fixed exchange system peg their currency price to the US dollar. The government will set a fix the exchange rate of its currency relative to the US dollar value.
A pegged exchange rate is also known as a fixed exchange rate. A pegged or fixed exchange rate keeps the currency value within a narrow range. It gives certainty to exporters and importers and helps the government to keep inflation low.
Rescission of the contract, which is cancelling the contract and making the parties as close to how they were before the contract started as possible.
