The correct answer would be option B, Higher the cost of living.
The lower a country's economic development, the higher the cost of living.
Explanation:
Cost of living is the amount needed to live a life by fulfilling the basic necessities of a person or family. The cost of living includes the following basic necessities:
- Housing
- Food
- Healthcare
- Education
- Taxes
When an economy's development is lower, all of these basic necessities will be available at a higher price, which means the cost of living would be higher when economic development is lower. Cost of living is directly associated with the wages. When economic development is lower, it means there will be less chances of employment, which in turns will affect the wages.
Cost of living is often found by comparing the living in two cities or two countries. Economic development of the countries directly affect the cost of living.
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China is closer to a pure command economy
Sales volume is the number of items sold or services rendered during normal business hours.
<h3>What is
Sales volume?</h3>
Sales volume serves as the number of units that a particular company sells during a specific reporting period.
It should be noted that this period could be a month as well as quarter, or a year this is usually base on the level of sales volume the comp[any wants.
In this case, Sales volume is the number of items sold or services rendered during normal business hours.
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Their research shows that: people can easily develop superstitious behaviors without<span> even being aware of it
In the experiments, the students were given 5 cent if they pressed correct number of key from 4 buttons (the only button that matter is number 3)
But instead just pressing the one correct number, the students keep pressing all buttons because they develop superstition that pressing all buttons are necessary.</span>
