United States’ savings rate is only around 10%, much lower than any other countries. There's some reasoning behind it. In fact, countries with the highest savings rates weren’t necessarily the countries with the highest GDPs. GDP os US is $56,300 per capita but their household savings rate of just 4.9%. Also, in Hungary their GDP is $26,000 while their savings rate of 9.0%. This implies that the money they have isn't place on one nest only or put to savings, rather allocated to a much more important sectors. We should not forget taking into account their purchasing power parity, the rate a currency would have to be converted into another to buy the same amount of goods and services of the country.
Answer:
It’s not always easy to catch them in the act, but if you value transparency like we do, there’s a good chance you can stop fraudulent sales activity before it’s too late.
b is wrong. I just missed the question again
Answer:
The correct answer is "Actions intended to make economic outcomes fairer may cause efficiency to decrease"
Explanation:
"Actions intended to make economic outcomes fairer may cause efficiency to decrease"
An equity-efficiency trade-off appears when an increase in the productive efficiency of a market leads to a reduction in its equity.
A clear example of equity-efficiency trade-off is the "fracking" (fuel extract method). The government takes benefits of this because is a more efficient method and is cheaper than the conventional extract method, however, it brings environmental issues, and leads to a reduction in its environmental equity.
Answer: Generally Accepted Accounting Principles
Explanation:
Just finished the test
