Capital formation improves the conditions and methods for the production of a country. Hence, there is much increase in national income and per capital income. This leads to increase in quantity of production which leads to again rise in national income. The World Bank tracks gross capital formation, which it defines as outlays on additions to fixed assets, plus the net change in inventories. Fixed assets include plant, machinery, equipment, and buildings, all used to create goods and services. Inventory includes raw materials and goods available for sale.Oct
I'm assuming that less hot dogs would be made and therefore the price of hot dogs would increase.
The use of civil service exams
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The school is defined as one of the most important- formal agency of education which plays a major role in moulding the ideas, habits and attitudes of a child with a view to produce well balanced personalities: physically strong, mentally alert, emotionally stable, culturally sound and socially efficient.
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What do u wanna say? I didn't understand