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Allushta [10]
2 years ago
6

In economics what helps boost the standard of living and is thus the goal of most countries

Business
2 answers:
blondinia [14]2 years ago
4 0

Answer:

The answer is Economic growth and sustainability

Explanation:

Every economy tries to achieve economic growth its sustainability.

Economic growth is calculated as the percentage change in real GDP or per capita GDP within a period of time usually a year. Economic grwotht can be determined by:

1. Growth in real GDP tells us how the whole economy of a country is expanding.

2. Per capita GDP which is calculated by 'real GDP/population. This determines the standard of living in every country.

Economic is important because growth in any of these can change a poor nation into a wealthy one.

This growth must be sustainable

over time.

cricket20 [7]2 years ago
3 0
In macroeconomics, the goal is to increase the GDP of the country's economy. This is one of the goals in socioeconomic aspect. However, others would include infrastructure, exportation of goods and investors.Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
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Answer: Option (C) is correct.

Explanation:

Given that,

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Here, we assume that EPS be $5.

So,

Price-earning ratio at old price = \frac{Market\ Price}{EPS}

                                                   =  \frac{15}{5}

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Price-earning ratio at New price = \frac{Market\ Price}{EPS}

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                                                   = 3.6

Hence, price-earnings ratio increases.

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