Answer:
it represents the value of all goods and services produced over a specific time period within a country's borders.
Economists can use GDP to determine whether an economy is growing or experiencing a recession.
Investors can use GDP to make investments decisions
a bad economy means lower earnings and lower stock prices.
Explanation:
good luck
Answer:
Nigeria employs a combination of tariffs and quotas for the double purpose of taxing international trade for revenue generation and protecting local industries from highly competitive imports. The country's tariffs are determined by the ECOWAS 2015 – 2019 Common External Tariff (CET) Book.Sep 14
Explanation:
Answer:
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Question:</h3>
A highschool plan acts a ?
Explanation:
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My answer:</h3>
B. list of goals for social life
that is your strategy.
1 - unearned revenue
2 - prepaid expense
Answer:
elasticity of demand is 2.16. Consumers pay a smaller portion of the tax
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
(2/19)(2/41) = 2.16
When the coefficient of elasticity is greater than 1, demand is elastic.
Elastic demand means that a small change in price leads to a greater change in quantity demanded.
Because demand is elastic, more of the burden of the tax falls on producers and consumers pay a small portion of the tax.
I hope my answer helps you
