Answer:
The correct answer is the letter d. Advances in the technical knowledge used in production.
Explanation:
Technology is an important variable in economic growth models, having a positive effect on the production process. Technological progress occurs when technology increases over time, and its effect is on worker productivity. That is, technological advancement enables work to become more productive, culminating in sustainable per capita gross domestic product growth.
Answer:
It would not help to compare the U.S. federal budget this year to previous years.
Explanation:
a) Data and Calculations:
Proposed cut in USAID for the upcoming fiscal year of 2019 = 33%
USAID spending in 2019 = $16.8 billion
This would have been $16.8 billion/67% = $25.07 without the proposed cut.
Ratio of actual 2019 USAID spending to the 2019 budget = $16.8 billion/$4.4 trillion = 0.038 or 4%
b) Comparing the U.S. federal budget this year to previous years' is not relevant to the issue of foreign aid spending. Instead, the comparison should concentrate on issues connected to foreign aid.
Answer:
0 hamburgers
Explanation:
if the consumer's budget is $50 and each hamburger and cheese sandwich costs $5 each, her consumption possibilities frontier is:
hamburgers cheese sandwiches
10 0
9 1
8 2
7 3
6 4
5 5
4 6
3 7
2 8
1 9
<u>0</u> <u>10</u>
Since she is spending all her money on cheese sandwiches, she doesn't have any money left to spend in hamburgers.
An in-group bias. Because the boys are on the team, they think of themselves more highly than outside groups.
Answer: Firm Capabilities
Explanation:
The 5Cs of Marketing are used by Companies to come up with effective Marketing strategies by using them to clarify exactly what needs to be accomplished.
The 5Cs are; Company, Customer, Collaborators, Competition and Context.
Firm Capabilities does not fall under Context because Context deals with Political, Social, Economical and Technological aspects of the place in question.
Firm Capabilities fall under Company analysis where the company aims to find out if it is capable of of meeting Consumer demands.
