The name which is given to the process when a company maintains its price but removes or prices separately is known as E. unbundling
<h3>What is Price?</h3>
This refers to the attached value which is given to a good or service that is exchanged for that particular value.
Hence, we can see that when a company removes freebies such as free delivery or installation but maintains its price is known as unbundling and is a market activity.
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Answer:
1) Household consumption, which accounts for about <u>68%*</u> of the economy, grew at a 4.2% annualized rate during the second quarter of 2016.
*Data obtained from federal government sources.
2) Since household/consumer spending (consumption) represents almost 70% of the nation's GDP, any change will cause a major change in the total GDP. E.g. if consumption increases by 5%, then the whole economy will grow by 5% x 68% = 3.4%.
Answer:
Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.
I wholeheartedly agree and think it’s practically self-evident.
Here’s an excellent example from history.
For 28 years, the Berlin Wall separated East Berlin from West Berlin and was the most heavily militarized border crossing in the Western hemisphere. In 1989, during a press conference with western media, Gunther Schabowski was handed a note explaining a change in policy governing border crossing. Several discussions took place about making a show of opening the border between East and West Germany, but nobody informed Schabowski.
At the end of the press conference, he appears to have remembered the note belatedly, and read it verbatim—which was not what was intended. When asked about when the border would open, he assumed it was immediate.
The reality of course was that East Germany had no intention of opening the border, and certainly not immediately.
Within hours, the border crossing was practically buried under thousands of East Germans eager to be reunited with their families and other loved ones after 28 years on the press conference, which had been broadcast live.
The East Germans believed what they were told: Schabowski said immediately, and they intended to go immediately.
Border guards kept calling for instructions, until finally, they relented.
Perception became reality, and the border between East and West Berlin opened, spelling the de facto end of the separation of Germany.
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