Answer: an increase in spending by consumers
Explanation: just did the assignment
Answer:
The answer is: may move from third-world to industrial superpower status
Explanation:
China is currently the second largest economy in the world. That means its economy is second only to the American economy. Their middle class is continuously expanding while its lower class population is decreasing. Free market reforms have already made China an industrial superpower. Most of the goods sold around the world already come from China. As their population is getting wealthier, they are leaving behind their third world status.
Answer:
B.
Explanation:
The main reason as to why it is essential to differentiate these two is that the nominal growth rate combines the effect of price changes along with changes in the production of goods and services and thus gives a less clear indication of the impact on living standards. While the real growth rate measures economic growth in relations to the GDP in different periods, and expressed in real terms, and since it is divided by the population it means that in order to sustain a standard of living it needs to increase at a rate faster than the population.
Answer:
C. $500,000
Explanation:
FOB which means free on board is a phrase used in commercial law indicating the point where either the buyer or seller is liable for goods that are damaged or destroyed during shipping. In FOB destinations, the title of ownership and risk is transferred to the buyer at the buyer's office, loading dock, post office and so on. Therefore, it is correct to include inventory that was shipped in inventory physical count due to the fact that inventory wasn't delivered to customer at year end.
While the goods held for consignment are not sold but rather they are given to an agent for possible sale. They are included in the inventory of the consignor. Thus, this is why Declar should report $500,000 as inventory at the end of the year.
Answer:
20,000 kcal/m2 per year
Explanation:
Data provided in the question:
Net annual primary productivity of a particular wetland ecosystem
= 8,000 kcal/m2 per year
Respiration by the aquatic producers = 12,000 kcal/m2 per year
Now,
The gross annual primary productivity for this ecosystem will be equal to the sum of all the ecosystem and the producer in the overall ecosystem
Therefore,
gross annual primary productivity for this ecosystem
= 8,000 kcal/m2 per year + 12,000 kcal/m2 per year
= 20,000 kcal/m2 per year