c. Country A will incur a larger opportunity cost of growth, but it will grow more quickly than country B.
The more a country invests in one method of production, the higher the opportunity costs will be because the money could be spent on bigger and bigger amounts of alternate goods.
While the opportunity cost is higher, fully investing in producing capital goods will lead to faster growth.
Based on the given scenario, we can see that because Cathlene runs a cake shop and wants to achieve her primary goal through the use of smaller goals is known as:
<h3>What is Proximal Goal?</h3>
This refers to the use of smaller goals to try and achieve a short target as they can be achieved in a short time frame.
With this in mind, we can see that the use of smaller goals to produce 400 cakes in December by Cathlene is known as the use of proximal goal because it can be done in a short period of time.
Read more about proximal goal here:
brainly.com/question/8040346
Answer:
The correct answer is letter "A": New York, London, and Tokyo.
Explanation:
New York City is still considered the world center for <em>foreign exchange</em> (forex) trading only followed by London and Tokyo. The main currencies being traded are the <em>U.S. dollar (USD), Euro (EUR) </em>and <em>the Japanese yen (JPY)</em>. Some analysts believe soon the <em>Chinese renminbi (CNY)</em> will take an important place among the previously mentioned three currencies.
Answer:
The correct answer is option b.
Explanation:
National saving is the portion of total income which is left after consumption and government spending. It is the sum of total private saving and public saving.
It is that portion of national income or GDP which is not consumed by the public and spent by the government.
It can be expressed as:
National saving = Y - C - G
Initiative, adaptability, positive attitude, critical thinking, communication skills
