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Answer:
For example, if your money earns an 8 percent interest rate, it will triple in 14 years and 5 months (115 divided by 8 equals 14.4). If your money earns a 5 percent interest rate, it will triple in 23 years (115 divided by 5 equals 23).
Explanation:
delegint restraining my answer so yeah
<span>Absolute advantage is the ability to produce a good or a service at a lower production cost than competitors. Comparative advantage is the ability to produce a good or service at a lower opportunity cost than competitors.
Absolute advantage refers to the ability to produce a good more efficiently than a competitor, which means at a lower cost. Comparative advantage means that, relative to the cost of producing other products, you can produce the good at a lower cost. This is also known as the opportunity cost. </span><span />
The answer is cyclical unemployment.
I hope this helps!
