Answer: D. A = $8560 ,B= $11111 and C= 466$
Explanation:
Country A
Annual GDP = $428 billion
Population = 50 million
Annual GDP per person = $428 billion / 50 million = $8560
Country B
Annual GDP = $20 billion
Population = 18 million
Annual GDP per person = $20 billion / 18 million = $1111
Country C
Annual GDP = $7 billion
Population = 15 million
Annual GDP per person = $7 billion / 15 million = $466.
The correct option is D.
Answer: An Oligopolistic market.
Explanation:
An Oligopolistic market is a market where they are very few supplies of a product and as such they charge higher prices due to the reduced competition.
In such a market the firms have to be very mindful of how their actions will impact that of their competitors because with such few competitors, they could easily lose customers if another oligopoly decides to change prices for instance.
They generally avoid doing so though because a price change by one will lead to a price change by others which would end up reducing the total amount that each firm makes as the prices will usually go downwards not up unless they collude.
Answer:
This is known as Bank panic
Explanation:
Bank panic happens when in a banking system, many banks suffer from a bank run, that is, many of its depositors loss their confidence that the bank may repay their deposit, thus they want to withdraw their deposit put with the bank.
As Banks operating using notably high leverage, many of its assets are not highly liquid ( e.g: loans, bonds that will not be paid until maturity) and the fact that they lend to and borrow from each others frequently and heavily, a bank run happens for one bank may cause liquidity issues to not only that bank but also other banks in the systems.
Having understood that, people tend to speculate that a run on one bank will cause significant problem to the systems, and a likely probability that bank panic occurs.
If a customer happens to pass the account must be shut down. Nothing can be done until found appropriate by someone showing proper documents which would then transfer the account into the name of an executor. The documents can be a death certificate, the will, or inheritance tax waivers
Answer:
A. A panel that consists of households that provide purchasing information at specified intervals over an extended period
Explanation:
Longitudinal design in research is a method that involves repeated examination of the same variables over a short or long term to see if there is any changes that occur.
A fixed sample is measured repeatedly to gain information.
A panel that consists of households that provide purchasing information at specified intervals over an extended period, is an example of longitudinal design.
The fixed sample is the panel of households, and they repeatedly provide purchasing information.
So the same sample is measured continuously over a period of time
