Explanation:
Total personal revenue is the disposable income less personal taxes. Employee earnings minus employee actual taxes in terms of national reports reflect net established income.
The household saving rate is specified as total saving divided by disposable income.
Household saving = Disposable income * Households saving rate
Japan:
$40,000*1.9% = $760
United States :
$40,000*4% = $1,600
France :
$40,000*15.8% = $6,320
Answer:
B) Extremely cold climate conditions made it difficult to live in the region
Explanation: In places where there are countless mountain ranges, there is bound to be isolation to the point where the people that already reside there would develop their own language, culture, and mannerisms. Northern Europe is filled with mountains and cold climate. Many people from other regions in Europe would have a hard time adjusting to the harsh conditions like the natives.
Canada shares a long land boundary with Alaska and a long boundary with the Arctic Ocean to the North.
It also has a very short boundary with the Pacific Ocean, around Vancouver.
It actually also shares a maritime (water) border with Greenland - although if we discount this kind of border, we can accept Greenland as the correct answer.
Answer:
choosing one cereal over another and losing the chance to buy the other
Explanation:
Opportunity cost is the choice sacrificed for another alternative.
Our wants according to economics are unlimited. The resources to meet these unlimited wants are also scare. Production is limited by availability of resources.
Due to limited resources, we have to choose more important needs over the other. Often times, a scale of preference is drawn for our wants.
The cost of choosing one particular commodity over another is called the opportunity cost.
