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nadezda [96]
2 years ago
5

Which of the following serves as an incentive for entrepreneurs in a market economy?

Business
1 answer:
hram777 [196]2 years ago
7 0

Answer:

<em>Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.</em>

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Answer the next question based on the following price and output data over a five-year period for an economy that produces only
marysya [2.9K]

Answer:

$90

Explanation:

The computation of the nominal GDP for the year 4 is shown below:

= Quantity at year 4 × price of year 4

= 18 × $5

= $90

For determining the Nominal GDP for the year 4 we simply multiply the quantity at year 4 with the price of year 4

Hence, the last option is correct

8 0
2 years ago
Brazil has a population of about 210​ million, with about 150 million over the age of 15. Of​ these, an estimated 25​ percent, o
Slav-nsk [51]

Answer:

B)Since the development of human capital is an important determinant of economic​ growth, Brazil's literacy and reading rates suggests its potential economic growth rate is lower.

Explanation:

From the question, we are informed about Brazil having a population of about 210​ million, with about 150 million over the age of 15. And Of​ these, an estimated 25​ percent, or 37.5 million​ people, are functionally illiterate, and also compare how the typical literate individual reads only about two nonacademic books per​ year, which is less than half the number read by the typical literate U.S. or European resident.

From the view of New growth theory,the option that explains the implications of​ Brazil's literacy and reading rates for its growth prospects is that Since the development of human capital is an important determinant of economic​ growth, Brazil's literacy and reading rates suggests its potential economic growth rate is lower.

New growth theory, which was attributed to Paul Romer, explains about Economic growth in the long run in related to internal factors of with knowledge as well as human capital. In this scenario Brazil should arrive to make sure the literacy rate among people is increased as possible

7 0
3 years ago
Wage paid rs 6000 through bank to mr.arjun​
gizmo_the_mogwai [7]
What’s the question? i could help if there was a question !!
7 0
3 years ago
The ___________ is the only price where quantity demanded is equal to quantity supplied.
zmey [24]
<span>The equilibrium Price.</span>
6 0
3 years ago
"a(n __________ accepts savings and checking account deposits and provides home mortgage loans."
zaharov [31]
The answer that will fill in the blank is savings and loan association. It is because a savings bank has the capability of providing an individual the ability acquire loans and that they could save and deposit on their bank. The loan association also provide these instances for they have the capability to do so.
7 0
3 years ago
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